Tech Company M&A Transactions
Packet Acquisition
Packet was acquired by Equinix. The acquisition became public on 1/14/2020. The parties did not disclose the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
1/14/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
Equinix is getting a unique cloud infrastructure vendor in Packet, one that can provide more customized kinds of hardware configurations than you can get from the mainstream infrastructure vendors like AWS and Azure. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
30 Vesey St. 9th Floor
New York, NY 10007
USA
New York, NY 10007
USA
Phone
Website
Email Address
Overview
Founded in 2014, Packet brings public cloud style automation to the internet's physical hardware and network layers with no vendor lock in. Customers can either build on Packet's public cloud service or leverage advanced automation software to enable their own private compute infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zachary Smith
Chief Financial Officer
Steve Smyser
Chief Marketing Officer
Jacob Smith
Chief Operating Officer
George Karidis
Chief Technical Officer
Ihab Tarazi
Vice President
David Laube
Vice President
Adam Rothschild
Vice President
Bruce Wang
VP - Bus. Development
Nathan Goulding
VP - Engineering
Thao Nguyen
VP - Marketing
Christopher Wright
VP - Operations
Mark Quigley
VP - Product Management
Samuel Machiz
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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