M&A Deal Summary

Quantum Acquires Advanced Digital Information

On August 22, 2006, Quantum acquired technology hardware company Advanced Digital Information for 770M USD

Acquisition Highlights
  • This is Quantum’s 5th transaction in the Technology Hardware sector.
  • This is Quantum’s largest (disclosed) transaction.
  • This is Quantum’s 4th transaction in the United States.
  • This is Quantum’s 1st transaction in Washington.

M&A Deal Summary
Date 2006-08-22
Target Advanced Digital Information
Sector Technology Hardware
Buyer(s) Quantum
Deal Type Add-on Acquisition
Deal Value 770M USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Perkins Coie (Legal)

Target

Advanced Digital Information

Redmond, Washington, United States
Advanced Digital Information Corp. is a provider of Intelligent Storage(TM) solutions to the open systems marketplace. ADIC is a supplier of automated tape systems using the drive technologies most often employed for backing up open system, client-server networks.

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Buyer(S) 1

Buyer

Quantum

San Jose, California, United States
Category Company
Founded 1980
Sector Internet Software and Services
Employees827
Revenue 350M USD (2020)
DESCRIPTION

Quantum is a provider of cloud based scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. Quantum was founded in 1980 and is based in San Jose, California.

DEAL STATS #
Overall 5 of 11
Sector (Technology Hardware) 5 of 6
Type (Add-on Acquisition) 5 of 9
State (Washington) 1 of 2
Country (United States) 4 of 8
Year (2006) 1 of 1
Size (of disclosed) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-05 Certance

Costa Mesa, California, United States

Certance LLC is a tape backup products and data protection solutions, with more than 12 million drives installed. Certance designs, manufactures and markets an extensive range of products designed to meet the backup, restore and archive needs of virtually every platform from notebooks and PCs to enterprise servers.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-14 Pancetera Software

Santa Clara, California, United States

Pancetera Software, Inc. is a provider of significantly reduced the complexity and cost of managing and protecting data in virtual server environments.

Buy $12M
Mergr

Product

Company

Legal