Tech Company M&A Transactions
Sand Video Acquisition
On 8/5/2003, Sand Video was bought by LightSand Communications. No transaction price was announced.
Transaction Overview
Company Name
Acquired By
Announced On
8/5/2003
Transaction Type
M&A
Amount
Unknown
M&A Terms
LightSand Communications Corp. has signed a definitive agreement to acquire SANcastle Technologies Inc., and as part of the transaction both startups' VCs will pour $7 million of additional funding into the combined venture.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2 Dundee Park 203
Andover, MA 01810
USA
Andover, MA 01810
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Sand Video, a privately-held, Andover, Mass based company, was founded in January 2001 with the goal of providing superior semiconductor-based video compression technology to be used with a broad range of consumer video applications.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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