Tech Company M&A Transactions
Anova Data Acquisition
On 2/7/2019, Anova Data was acquired by Ribbon Communications. The companies indicated that total deal value was $18.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/7/2019
Transaction Type
M&A
Amount
$18,150,000
M&A Terms
Under the terms of the purchase agreement, the equity owners of Anova Data will receive at closing an aggregate of 3.3 million shares of Ribbon common stock in exchange for substantially all of the assets and liabilities of Anova Data. Ribbon does not expect that the acquisition will materially affect its financial results in 2019.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
5 Lyberty Way
Westford, MA 01886
USA
Westford, MA 01886
USA
Phone
Website
Email Address
Overview
Anova's web-scale, end-to-end analytics solutions unleash the full value of subscriber and network data insight, enabling operators to get ahead of unprecedented subscriber data growth and take back control of their networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Amand
Chief Financial Officer
Nerissa Robert
Co-Founder
Kumar Kovvali
Vice President
Shashi Kura
Vice President
Todd Warble
VP - Engineering
Chip Boyle
VP - Engineering
Daniel Scanlon
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