Tech Company M&A Transactions
Silverback Systems Acquisition
On 1/8/2007, Silverback Systems was bought by Brocade Communication Systems. No details on deal value or acquisition price were announced.
Transaction Overview
Company Name
Acquired By
Announced On
1/8/2007
Transaction Type
M&A
Amount
Unknown
M&A Terms
The cash purchase price is not material to Brocade, however, the Company expects to record goodwill, in-process research and development, and other intangible assets associated with the transaction in the first quarter of fiscal 2007. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
655 Campbell Technology Parkway 150
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Not Recorded
Overview
Silverback Systems designs, manufactures, and markets network acceleration processors featuring innovative iSNAP architecture that enables and accelerates storage over Ethernet fabric with a focus on providing true network convergence for SAN, NAS and LAN and the leading price/performance value in the networking market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ahmet Houssein
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