Tech Company M&A Transactions

SwapDrive Acquisition

Headquartered in Washington, SwapDrive was acquired by Symantec. The transaction price was $124 million.

Transaction Overview

Company Name
Acquired By
Announced On
6/6/2008
Transaction Type
M&A
Amount
$124,000,000
M&A Terms
Symantec Corp. has paid $124 million for Swapdrive Inc.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
1313 F Street NW 4th Floor
Washington, DC 20004
USA
Email Address
Overview
SwapDrive, the first company to provide a web-based operating software for online data backup and storage, is allowing its customers to connect their computer systems, or simply plug in, to backup, store and access their data much the same way they obtain everyday utility services.
Profile
SwapDrive LinkedIn Company Profile
Social Media
SwapDrive Company Twitter Account
Company News
SwapDrive News
Facebook
SwapDrive on Facebook
YouTube
SwapDrive on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Steinberg
  David Steinberg LinkedIn Profile  David Steinberg Twitter Account  David Steinberg News  David Steinberg on Facebook
Chief Operating Officer
Roland Schumann
  Roland Schumann LinkedIn Profile  Roland Schumann Twitter Account  Roland Schumann News  Roland Schumann on Facebook
Chief Technical Officer
Marc Wallace
  Marc Wallace LinkedIn Profile  Marc Wallace Twitter Account  Marc Wallace News  Marc Wallace on Facebook


 

 

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