Tech Company M&A Transactions
Cleversafe Acquisition
On 10/5/2015, Cleversafe was acquired by IBM. Purchase price was estimated to be $1.3 billion.
Transaction Overview
Company Name
Acquired By
Announced On
10/5/2015
Transaction Type
M&A
Amount
$1,309,000,000
M&A Terms
IBM completed the acquisition of 100 percent of Cleversafe, a privately held company, for cash consideration of $1,309 millon.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
222 South Riverside Plz. 1700
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Cleversafe is committed to storing the world's data. It's an ambitious goal, but one we think can be achieved through the open source development of innovative and useful technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Christopher Gladwin
Chief Executive Officer
John Morris
VP - Engineering
Tom Shirley
VP - Finance
Robert Joy
VP - Human Resources
Jennifer Browning
VP - Product Management
Rob McCammon
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