M&A Deal Summary

Tekelec Global Acquires Taqua

On February 25, 2004, Tekelec Global acquired software company Taqua from Investcorp International for 85M USD

Acquisition Highlights
  • This is Tekelec Global’s 1st transaction in the Software sector.
  • This is Tekelec Global’s largest (disclosed) transaction.
  • This is Tekelec Global’s 1st transaction in the United States.
  • This is Tekelec Global’s 1st transaction in Texas.
Investment Fate
  • Taqua was sold to a strategic buyer in 2016 for 20M USD.

M&A Deal Summary
Date 2004-02-25
Target Taqua
Sector Software
Buyer(s) Tekelec Global
Sellers(s) Investcorp International
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

Taqua

Richardson, Texas, United States
website
Taqua LLC is a provider of software-based networking solutions have been deployed by hundreds of wireline, cable and wireless carriers to enable new services, drive new revenues and lower overall costs. Taqua is enabling the transformation to software-based service provider networks capable of delivering next generation voice, video and messaging services including VoIP, VoWi-Fi and VoLTE.

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Buyer(S) 1

Buyer

Tekelec Global

Morrisville, North Carolina, United States

website

Category Company
Founded 1971
Sector Software
Employees1,291
DESCRIPTION

Tekelec Global, Inc. is a provider of signaling and session control systems and software to both wireless and wireline carriers as well as cable network operators.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Texas) 1 of 2
Country (United States) 1 of 3
Year (2004) 1 of 3
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-16 Network Diagnostics Business / Tekelec

United States

Sell $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-01 VocalData

Richardson, Texas, United States

VocalData, Inc., a provider of hosted Internet protocol (IP) telephony applications that enable the delivery of advanced telecom services and applications to business and residential customers.

Buy $28M

Seller(S) 1

SELLER

Investcorp International

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Asset Manager
Founded 1982
PE ASSETS 21.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp International, Inc. is a publicly traded global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.

DEAL STATS #
Overall 17 of 106
Sector (Software) 4 of 13
Type (Add-on Acquisition) 7 of 47
State (Texas) 2 of 7
Country (United States) 15 of 62
Year (2004) 1 of 8
Size (of disclosed) 37 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-07 Hilding Anders

Malmo, Sweden

Hilding Anders is a bed and mattress manufacturer which sells both branded and private-label products in over 40 markets and has delivered strong growth over the past decade. Hilding Anders was founded in 1939 and is based in Malmo, Sweden.

Buy €410M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-06 Softek Storage Solutions

Vienna, Virginia, United States

Softek Storage Solutions Corp. is a developer of software that reduces the risks, costs, and complexities of managing data storage in multi-vendor mainframe and open system environments.

Buy -
Mergr

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