Tech Company M&A Transactions
Vertical Networks Acquisition
Vertical Networks, operating out of Cambridge, was acquired by Vertical Communications. The acquisition price was $19 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/29/2004
Transaction Type
M&A
Amount
$19,000,000
M&A Terms
Artisoft will pay up to $19 million in cash for Vertical Networks, and a portion of the proceeds of the financing will be used to finance the acquisition.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
One Memorial Drive
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Not Recorded
Overview
Vertical Networks, a leader in distributed IP-PBX software and communications solutions for branch offices and stores, delivers customizable solutions to several industries, including financial services, healthcare, publishing, and retail.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Tauscher
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