Tech Company M&A Transactions
Lycium Networks Acquisition
Operating out of Menlo Park, Lycium Networks was acquired by Redux Communications. Deal value was $6 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/2/2004
Transaction Type
M&A
Amount
$6,000,000
M&A Terms
The two companies are richly endowed by venture capital fund. The original Redux had raised capital from Genesis Partners, Giza, Delta Ventures and Partech; Lycium had brought in backing from Accel Partners and Benchmark. Together they have $6 million in funding, lifting the cash position to about $10 million.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
2480 Sand Hill Road 200
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Lycium Networks is a leader in the emerging market of circuit emulation over packet (CEP) technology. The company is pioneering highly efficient, state of the art, SOC solutions for the seamless convergence of legacy services with existing and next-generation packet networks.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arad Naveh
Browse more venture capital transactions:
Prev: 11/2/2004: Voyence venture capital transaction
Next: 11/3/2004: Acopia Networks venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record all VC transactions involving tech companies. VC transactions reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs