Tech Company M&A Transactions
Kapow Technologies Acquisition
Kapow Technologies was purchased by Kofax. The transaction was announced on 8/1/2013. Kofax said the transaction price was $47.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/1/2013
Transaction Type
M&A
Amount
$47,500,000
M&A Terms
Kofax has acquired all of Kapow's stock for total consideration of $47.5 million in cash, prior to deducting approximately $1.4 million of cash held by Kapow on closing of the transaction. Of this amount, $40.4 million was paid on closing. An additional $2.4 million will be paid upon Kofax's receipt of Kapow's audited financial statements for its fiscal year ended June 30, 2013, $2.2 million will be paid one year from closing and $2.5 million will be paid two years from closing, with said amounts being subject to certain indemnification terms and conditions.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
260 Sheridan Ave 420
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Kapow Technologies is the leading provider of Web Integration solutions. Kapow markets RoboSuite, an integration platform that enables fast and powerful integration of web-based content and applications into portals, content management systems and knowledge management systems.
Management Team
Title
Name
Email & Social
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