M&A Deal Summary

Altec Lansing Technologies Acquires Avega Systems

On October 1, 2010, Altec Lansing Technologies acquired software company Avega Systems

Acquisition Highlights

This is Altec Lansing Technologies’ 1st transaction in the Software sector.
This is Altec Lansing Technologies’ 1st transaction in the United States.
This is Altec Lansing Technologies’ 1st transaction in California.

M&A Deal Summary
Date	2010-10-01
Target	Avega Systems
Sector	Software
Buyer(s)	Altec Lansing Technologies
Deal Type	Add-on Acquisition

Target

Avega Systems

Sunnyvale, California, United States

Avega Systems is a technology supplier and participates in the networked music, video, and social media software solutions market. Avega’s software allows for defining, controlling, and syncing of ‘zones’ in home media networks and allows for content sharing and device interoperability across key platforms. It is an integral part of Altec Lansing’s continuing drive to design & manufacture the most innovative & powerful digital powered audio systems for PCs and portable audio devices.

Search 214,239 Deals Now

SEARCH BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Try Free

Buyer(S) 1

Buyer