Tech Company M&A Transactions
NetStreams Acquisition
On 11/3/2009, NetStreams was bought by ClearOne. Deal value was $4 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/3/2009
Transaction Type
M&A
Amount
$4,000,000
M&A Terms
Under the terms of the transaction, ClearOne paid approximately $2 million in cash and assumed approximately $2 million of long-term debt. In addition, ClearOne will also make earn out payments over the next two years based on achievement of certain performance criteria.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
3600 W. Parmer Lane 100
Austin, TX 78727
USA
Austin, TX 78727
USA
Phone
Website
Email Address
Overview
NetStreams is the undisputed world leader in digital entertainment networks based on Internet protocol (IP) technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Herman Cardenas
Chief Executive Officer
Kevin Reinis
Chief Operating Officer
Peter Radekevich
Chief Technical Officer
Michael Braithwaite
VP - Engineering
Doug Parse
VP - Sales
Buzz Goddard
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