Tech Company M&A Transactions
Intranets.com Acquisition
Headquartered in Burlington, Intranets.com was purchased by WebEx Communications. The parties disclosed the acquisition price to be $45 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/12/2005
Transaction Type
M&A
Amount
$45,000,000
M&A Terms
Under the terms of the agreement, the total cash consideration, subject to holdback provisions, is approximately $45 million for which WebEx will obtain all outstanding shares and all outstanding warrants and options of Intranets.com will be cancelled. Intranets.com has become a wholly owned subsidiary of WebEx
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
1 Van de Graaff Drive
Burlington, MA 01803
USA
Burlington, MA 01803
USA
Phone
Website
Email Address
Not Recorded
Overview
Intranets.com is the worlds leading provider of on-demand collaboration services.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rick Faulk
Browse more venture capital transactions:
Prev: 9/12/2005: Tizor venture capital transaction
Next: 9/12/2005: Teranode venture capital transaction
Share this article
Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs