M&A Deal Summary

TeraGo Networks Acquires Vancouver Data Center

On December 23, 2013, TeraGo Networks acquired internet software and services company Vancouver Data Center

Acquisition Highlights
  • This is TeraGo Networks’ 1st transaction in the Internet Software and Services sector.
  • This is TeraGo Networks’ 2nd transaction in Canada.
  • This is TeraGo Networks’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2013-12-23
Target Vancouver Data Center
Sector Internet Software and Services
Buyer(s) TeraGo Networks
Deal Type Add-on Acquisition

Target

Vancouver Data Center

Vancouver, British Columbia, Canada
Vancouver Data Center is a provider of managed hosting servers and cloud services spread over an area of 7,000 square feet.

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Buyer(S) 1

Buyer

TeraGo Networks

Thornhill, Ontario, Canada

website


Category Company
Founded 1999
Sector Communications
DESCRIPTION

TeraGo Networks (TSX:TGO) provides Wireless Broadband Services to businesses in Canada, which include High Speed Internet, Data Networking, and Internet Redundancy. We deliver high-capacity, symmetrical bandwidth using Fixed Wireless Technology, which offers businesses a Cost-Effective Alternative to other traditional wireline options such as fibre optic, copper and cable.


DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 2 of 3
State (British Columbia) 1 of 2
Country (Canada) 2 of 4
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-31 MetroBridge Networks International

Canada

MetroBridge Networks International is a operation of wireless network of multiple points of presence.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-27 RackForce Networks

Kelowna, British Columbia, Canada

RackForce Networks, Inc. is a canadian enterprise cloud service provider and serves clients both nationally and globally.

Buy $33M