M&A Deal Summary

Adaptec Acquires Aristos Logic

On August 27, 2008, Adaptec acquired technology hardware company Aristos Logic from TPG for 41M USD

Acquisition Highlights
  • This is Adaptec’s 3rd transaction in the Technology Hardware sector.
  • This is Adaptec’s largest (disclosed) transaction.
  • This is Adaptec’s 3rd transaction in the United States.
  • This is Adaptec’s 3rd transaction in California.

M&A Deal Summary
Date 2008-08-27
Target Aristos Logic
Sector Technology Hardware
Buyer(s) Adaptec
Sellers(s) TPG
Deal Type Add-on Acquisition
Deal Value 41M USD

Target

Aristos Logic

Foothill Ranch, California, United States
Aristos Logic Corp. provides RAID solutions to original equipment manufacturer suppliers of storage systems and servers.

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Buyer(S) 1

Buyer

Adaptec

Sunnyvale, California, United States
Category Company
Sector Technology Hardware
DESCRIPTION

Adaptec Inc. is a provider of storage solutions that reliably move, manage, and protect critical data and digital content. Adaptec's software and hardware-based solutions are delivered through leading channel partners and Original Equipment Manufacturers (OEMs) to provide storage connectivity, data protection, and networked storage to enterprises, government organizations, medium and small businesses worldwide.

DEAL STATS #
Overall 4 of 4
Sector (Technology Hardware) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (California) 3 of 3
Country (United States) 3 of 3
Year (2008) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-07-01 Snap Appliance

San Jose, California, United States

Snap Appliance is a distributed data management solutions and the worldwide volume leader in network attached storage (NAS) solutions. Snap provides simple, scalable storage solutions for leading enterprises and organizations of all sizes across a wide range of industries.

Buy -

Seller(S) 1

SELLER

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.

DEAL STATS #
Overall 56 of 267
Sector (Technology Hardware) 4 of 6
Type (Add-on Acquisition) 24 of 94
State (California) 12 of 63
Country (United States) 40 of 193
Year (2008) 7 of 9
Size (of disclosed) 67 of 71
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-25 NT Pharma

Hong Kong, China

NT PHARMA is a full-range value-chain from research and development, production, sales and marketing to distribution of pharmaceutical and healthcare products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-29 Finisar

Sunnyvale, California, United States

Finisar Corp. is a communications systems company that specializes in components, subsystems, network products, and instrumentation for high-speed fiber optic data transmission. Finisar Corp. was formed in 1987 and is based in Sunnyvale, California.

Buy -
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