Tech Company M&A Transactions
Instranet Acquisition
Instranet was acquired by Salesforce. The acquisition was announced on 8/21/2008. Salesforce disclosed that the acquisition price was $31.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/21/2008
Transaction Type
M&A
Amount
$31,500,000
M&A Terms
Salesforce.com's acquisition of InStranet closed on August 4, 2008, for approximately $31.5 million, which includes the assumption of $4.2 million in cash on InStranet's balance sheet.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
20 North Wacker Drive 1425
Chicago, IL 60606
USA
Chicago, IL 60606
USA
Phone
Website
Email Address
Overview
Develops software for Enterprise Information Exchange applications.
Management Team
Title
Name
Email & Social
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