Tech Company M&A Transactions
Altia Systems Acquisition
Based in Cupertino, Altia Systems was acquired by GN Audio. The acquisition price was $125 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/19/2019
Transaction Type
M&A
Amount
$125,000,000
M&A Terms
The total purchase consideration is up to USD $125 million on a debt and cash free basis. As part hereof around USD $12 million is linked to retention agreements to be expensed by GN Audio during 2019-2021.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
10020 North De Anza Blvd. 200
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Website
Email Address
Overview
PanaCast by Altia Systems looks to bring the natural human perspective to video conferencing. Through Panoramic-4K quality video we make sure you can Be There From Anywhere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aurangzeb Khan
Chief Marketing Officer
Lars Herlitz
VP - Engineering
Naveed Alam
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