Tech Company M&A Transactions
Utah Street Networks Acquisition
Utah Street Networks, operating out of San Francisco, was acquired by Cisco. What Cisco paid for Utah Street Networks was not disclosed.
Transaction Overview
Company Name
Acquired By
Announced On
3/6/2007
Transaction Type
M&A
Amount
Unknown
M&A Terms
As part of the asset purchase, this software will be integrated into the Cisco Media Solutions Group (CMSG), which is focused on infrastructure products to help digital media content owners improve the consumer experience. Employees from Utah Street Networks, Inc. will also be joining Cisco to continue software development.
Other terms of the deal were not disclosed.
Utah Street Networks was founded in 2003 and has seven employees based in San Francisco, Calif. The Utah Street Networks technology and certain members of team will join CMSG led by Dan Scheinman, Senior Vice President and General Manager. The deal does not include the Tribe.net site, which will remain completely independent of Cisco.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
208 Utah St
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Not Recorded
Overview
Utah Street Networks uses a proprietary software infrastructure to create and maintain online communities on the Tribe.net website.
Management Team
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