Tech Company M&A Transactions
Frame Acquisition
On 8/2/2018, Frame was acquired by Nutanix. Nutanix said the transaction price was $165 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/2/2018
Transaction Type
M&A
Amount
$165,000,000
M&A Terms
With Frame, Nutanix will address customer requirements for DaaS in the mid-market, while continuing its long-standing support for large-scale VDI projects delivered via enterprise datacenters. The Company expects to pay approximately $165 million (as finally adjusted in accordance with the Merger Agreement, the "Purchase Price") to Frame's securityholders. The Purchase Price is payable in a mix of cash and shares of the Company's Class A common stock.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
318 South B St. 6
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Website
Email Address
Overview
Hailed as the future of computing in the post-PC era, Frame (fra.me) is a revolutionary visual cloud platform for your Windows apps. Our customers range from startups and schools to major companies, like Adobe: we let them run all their Windows apps directly from the cloud with no code changes required.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Nikola Bozinovic
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