Tech Company M&A Transactions
N2 Broadband Acquisition
On 2/4/2005, N2 Broadband was acquired by TANDBERG. TANDBERG said the transaction price was $118 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/4/2005
Transaction Type
M&A
Amount
$118,000,000
M&A Terms
TANDBERG Television (Oslo:TAT.OL), a global leader in professional video compression and TV delivery systems, today announced that it has completed its acquisition of the business of Atlanta-based N2 Broadband, Inc., a provider of scalable, open-platform solutions for on-demand entertainment. The global purchase consideration is $118M, made up of a mixture of TANDBERG Television shares and cash.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
4250 Rover Green Pkwy B
Duluth, GA 30096
USA
Duluth, GA 30096
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
N2 Broadband is the leading provider of open-platform solutions that enable network operators and content providers to efficiently and confidently offer on-demand services.
Management Team
Browse more venture capital transactions:
Prev: 2/4/2005: Mobilitec venture capital transaction
Next: 2/6/2005: e-Glue Software Technologies venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs