Tech Company M&A Transactions

Parallels Acquisition

Parallels was purchased by Corel. The deal occurred on 11/28/2018. Financial terms were not disclosed.

Transaction Overview

Company Name
Acquired By
Announced On
11/28/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
Financial terms of the transaction were not disclosed, but it is believed to have been an all-cash deal.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
110 110th Ave. NE 410
Bellevue, WA 98004
USA
Email Address
Overview
Parallels (formerly SWsoft) is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating system, and virtualization platforms.
Profile
Parallels LinkedIn Company Profile
Social Media
Parallels Company Twitter Account
Company News
Parallels News
Facebook
Parallels on Facebook
YouTube
Parallels on YouTube

Management Team

Title
Name
Email & Social
Chairman
Serguei Beloussov
  Serguei Beloussov LinkedIn Profile  Serguei Beloussov Twitter Account  Serguei Beloussov News  Serguei Beloussov on Facebook
Chief Executive Officer
Birger Steen
  Birger Steen LinkedIn Profile  Birger Steen Twitter Account  Birger Steen News  Birger Steen on Facebook
VP - General Counsel
Ken McGraw
  Ken McGraw LinkedIn Profile  Ken McGraw Twitter Account  Ken McGraw News  Ken McGraw on Facebook
VP - Human Resources
Michael Erisman
  Michael Erisman LinkedIn Profile  Michael Erisman Twitter Account  Michael Erisman News  Michael Erisman on Facebook


 

 

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Next: 11/28/2018: Verrix venture capital transaction

 

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Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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