M&A Deal Summary |
|
|---|---|
| Date | 2018-03-28 |
| Target | Polycom |
| Sector | Information Technology |
| Buyer(s) | Poly |
| Sellers(s) | Siris Capital Group |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.0B USD |
| Advisor(s) | Moelis & Co. Macquarie Capital (Financial) Sidley (Legal) |
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| Category | Company |
|---|---|
| Founded | 1961 |
| Sector | Technology Hardware |
| Employees | 8,200 |
| Revenue | 1.7B USD (2021) |
Poly is a designer, manufacturer, and marketer of headsets and wireless communications products. Poly MeetingAI delivers a broadcast-quality video conferencing experience with Poly DirectorAI technology which uses artificial intelligence and machine learning to deliver real-time automatic transitions, framing, and tracking, while NoiseBlockAI and Acoustic Fence technologies block out unwanted background noise. Poly was founded in 1961 and is based in Santa Cruz, California.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Information Technology) | 2 of 2 |
| Type (Add-on Acquisition) | 4 of 4 |
| State (California) | 2 of 2 |
| Country (United States) | 4 of 4 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-12-02 |
Altec Lansing Technologies
Milford, Pennsylvania, United States Altec Lansing Technologies, Inc. designs, manufactures and markets digital powered audio systems, speakers and stereo headphones for use with computers and portable audio devices. |
Sell | $16M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2011 |
| PE ASSETS | 2.4B USD |
| Size | Large |
| Type | Sector Agnostic |
Siris Capital Group is a private equity firm focused on control investments in technology, telecommunications, and healthcare companies. Siris looks to acquire large companies valued from $250 million to $2 billion. The Firm was spun out of hedge fund SAC Capital Advisors in 2011. Siris Capital Group is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 9 |
| Sector (Information Technology) | 2 of 3 |
| Type (Add-on Acquisition) | 3 of 8 |
| State (California) | 1 of 2 |
| Country (United States) | 4 of 8 |
| Year (2018) | 1 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-03-28 |
Poly
Santa Cruz, California, United States Poly is a designer, manufacturer, and marketer of headsets and wireless communications products. Poly MeetingAI delivers a broadcast-quality video conferencing experience with Poly DirectorAI technology which uses artificial intelligence and machine learning to deliver real-time automatic transitions, framing, and tracking, while NoiseBlockAI and Acoustic Fence technologies block out unwanted background noise. Poly was founded in 1961 and is based in Santa Cruz, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-21 |
Web.com
Jacksonville, Florida, United States Web.com is a provider of website-building tools, services, and internet solutions. The company offers a comprehensive suite of website design, customer support, and technology platforms tailored to the needs of the small and medium-sized businesses. Additionally,Web.com Group partners with enterprise companies to help these partners build stronger, more profitable relationships with their business customers. Web.com was formed in 1997 and is headquartered in Jacksonville, Florida. |
Buy | $2.0B |
