Tech Company M&A Transactions
LANDesk Group Acquisition
On 4/27/2006, LANDesk Group was bought by Avocent. The acquisition price was $416 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/27/2006
Transaction Type
M&A
Amount
$416,000,000
M&A Terms
The agreement provides for total consideration of $416 million, including $200 million in stock, $200 million in cash and $16 million in assumed options. $60 million of the stock consideration will be held in escrow for 18 months. The transaction value may be increased by up to $60 million if LANDesk meets certain financial targets specified in the agreement.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
698 West 10000 South 500
South Jordan, UT 84095
USA
South Jordan, UT 84095
USA
Phone
Website
Email Address
Not Recorded
Overview
LANDesk is a leading provider of systems, security, and process management solutions for desktops, servers and mobile devices across the enterprise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joe Wang
Browse more venture capital transactions:
Prev: 4/26/2006: OptiMedica venture capital transaction
Next: 4/27/2006: NeoRx venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs