Tech Company M&A Transactions
Permeo Technologies Acquisition
On 1/3/2006, Permeo Technologies was bought by Blue Cod Technologies. The parties disclosed the acquisition price to be $60.8 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/3/2006
Transaction Type
M&A
Amount
$60,800,000
M&A Terms
Blue Coat Systems, Inc., the leader in secure content and application delivery, today announced it has signed a definitive agreement to acquire Permeo Technologies, Inc., a privately-held provider of on-demand endpoint access, security and information protection solutions, for approximately $60.8 million, including approximately $13.4 million in cash and approximately $47.4 million in Blue Coat common stock, based on the closing price of Blue Coat common stock of $45.72 on December 30, 2005.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
1501 South Mopac Building 1 Suite A200
Austin, TX 78746
USA
Austin, TX 78746
USA
Phone
Website
Email Address
Not Recorded
Overview
Permeo Technologies, a leading provider of on-demand information security, provides a comprehensive remote access and information protection solution that safely extends corporate applications to mobile workers, business partners and customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Bennett
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