Tech Company M&A Transactions
Memorex International Acquisition
Headquartered in Cerritos, Memorex International was acquired by Imation. Purchase price was estimated to be $330 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/1/2006
Transaction Type
M&A
Amount
$330,000,000
M&A Terms
Imation Corp Announces Close on Acquisition of Memorex. Actual purchase price was $329 million, after net asset adjustments were made to the original purchase price of $330 million.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
17777 Center Court Drive Suite 800
Cerritos, CA 90703
USA
Cerritos, CA 90703
USA
Phone
Website
Email Address
Not Recorded
Overview
Since Memorex burst onto the recording scene more than 30 years ago with Is it live or is it Memorex? a lot has changed. But with each generation, Memorex continues to remain one of the most widely recognized and respected names in the consumer electronics industry.
Management Team
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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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