Tech Company M&A Transactions
FineGround Networks Acquisition
On 5/26/2005, FineGround Networks was bought by Cisco. Financial terms set the valuation at $70 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/26/2005
Transaction Type
M&A
Amount
$70,000,000
M&A Terms
Under the terms of the agreement, Cisco will pay approximately $70 million in cash and options for FineGround.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
42 W. Campbell Ave 201
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Email Address
Not Recorded
Overview
FineGround Networks feels a need for speed. The company provides software that reduces bottlenecks and speeds the performance of companies' existing application delivery methods. Clients use FineGround's products to optimize and monitor the delivery of enterprise applications to remote desktops and servers.
Management Team
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Where The Data Comes From
Our team works diligently to document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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