Tech Company M&A Transactions
Huge Systems Acquisition
Huge Systems was bought by Ciprico. The transaction was announced on 1/31/2005. Ciprico disclosed that the acquisition price was $5 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/31/2005
Transaction Type
M&A
Amount
$5,000,000
M&A Terms
Ciprico Inc. announced today that it has completed the acquisition of Huge Systems Inc. The purchase price was $1,325,000 cash and $300,000 of seller notes in addition to contingent consideration based on the performance of the business over the next twelve months.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
30141 Agoura Rd 212
Agoura Hills, CA 91301
USA
Agoura Hills, CA 91301
USA
Phone
Website
Email Address
Not Recorded
Overview
Huge Systems Inc. designs and manufactures low cost & high performance hard disk based storage systems optimized for the non linear editing & content creation and delivery markets.
Management Team
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