Tech Company M&A Transactions
Enfora Acquisition
Headquartered in Richardson, Enfora was bought by Novatel Wireless. Novatel Wireless said the transaction price was $70.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/8/2010
Transaction Type
M&A
Amount
$70,500,000
M&A Terms
Consideration will be approximately US$64.5 million in cash at closing, subject to certain working capital adjustments. Possible additional consideration of up to US$6 million is contingent on certain performance targets being met.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
251 Renner Pkwy
Richardson, TX 75080
USA
Richardson, TX 75080
USA
Phone
Website
Email Address
Overview
Enfora is a leader in enabling GSM/GPRS and 802.11 wireless data solutions to enhance mobility and data access from remote locations for public and corporate sectors.
Management Team
Title
Name
Email & Social
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Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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