M&A Deal Summary

Fusion-io Acquires NexGen Storage

On April 24, 2013, Fusion-io acquired technology hardware company NexGen Storage for 114M USD

Acquisition Highlights
  • This is Fusion-io’s 1st transaction in the Technology Hardware sector.
  • This is Fusion-io’s largest (disclosed) transaction.
  • This is Fusion-io’s 1st transaction in the United States.
  • This is Fusion-io’s 1st transaction in Colorado.
Investment Fate
  • NexGen Storage was sold to a strategic buyer in 2016.

M&A Deal Summary
Date 2013-04-24
Target NexGen Storage
Sector Technology Hardware
Buyer(s) Fusion-io
Deal Type Add-on Acquisition
Deal Value 114M USD

Target

NexGen Storage

Louisville,, Colorado, United States
website
NexGen Storage, Inc. is a provider of hybrid storage appliances, dynamic all-flash arrays and Quality of Service (QoS) capabilities.

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Buyer(S) 1

Buyer

Fusion-io

Salt Lake City, Utah, United States

website

Category Company
Founded 2006
Sector Technology Hardware
DESCRIPTION

Fusion-io, is a developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
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