Tech Company M&A Transactions
Decru Acquisition
Operating out of Redwood City, Decru was acquired by NetApp. The companies indicated that total deal value was $272 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/16/2005
Transaction Type
M&A
Amount
$272,000,000
M&A Terms
Network Appliance Inc. (NetApp), said Thursday that it is buying Decru Inc., a private provider of network encryption products, for $272 million in cash and stock. Network Appliance said it expects the acquisition to close by October, subject to certain regulatory approvals and closing conditions.
Company Information
Company Status
Acquired or Merged
Industry
Security
Mailing Address
275 Shoreline Drive Fourth Floor
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Website
Email Address
Not Recorded
Overview
Decru, a NetApp company (NASDAQ: NTAP), develops storage security solutions to address critical business requirements, including data privacy, regulatory compliance, intellectual property protection, and internal controls.
Management Team
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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