Tech Company M&A Transactions
Continuous Computing Acquisition
Continuous Computing was bought by RadiSys. The transaction occurred on 5/3/2011. The transaction price was $120 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/3/2011
Transaction Type
M&A
Amount
$120,000,000
M&A Terms
Consideration for the acquisition is comprised of approximately $73 million in cash, funded with cash on hand, and 3,666,667 shares of RadiSys common stock. Assuming a stock closing price on May 2, 2011 of $8.69 the stock consideration represents $31.9 million. In addition to the consideration payable at closing, RadiSys will make earn-out payments based on revenues generated by a specified set of Trillium products over a three year period following the closing of the acquisition. In lieu of the earn-out payments, RadiSys has the right to make a one-time payment of cash and/or RadiSys shares with a combined aggregate value of $15 million up to 18 months after the closing date.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
9450 Carroll Park Drive
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
Continuous Computing provides Network Service-Ready Platforms that enable telecom equipment manufacturers to rapidly deploy converged communications.
Management Team
Title
Name
Email & Social
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