M&A Deal Summary

Avaya Acquires Quintus

On April 12, 2001, Avaya acquired software company Quintus for 29M USD

Acquisition Highlights
  • This is Avaya’s 2nd transaction in the Software sector.
  • This is Avaya’s 6th largest (disclosed) transaction.
  • This is Avaya’s 3rd transaction in the United States.
  • This is Avaya’s 1st transaction in California.

M&A Deal Summary

Date 2001-04-12
Target Quintus
Sector Software
Buyer(s) Avaya
Deal Type Add-on Acquisition
Deal Value 29M USD

Target

Quintus

Fremont, California, United States
Quintus Corp. is a comprehensive software suite that unites traditional call center technology with Internet communications. Quintus portfolio offers one ofthe broadest and best suites of eCRM applications available.

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Buyer(S) 1

Buyer

Avaya

Santa Clara, California, United States

Category Company
Founded 2000
Sector Communications
DESCRIPTION

Avaya, Inc. is a global provider of communication systems, applications, and end-to-end services to enterprises worldwide; and offers IP telephony solutions, traditional voice communications solutions, contact center infrastructure and applications, and unified communications gear and appliances. Avaya was formed in 2000 and is based in Santa Clara, California.


DEAL STATS #
Overall 3 of 21
Sector (Software) 2 of 8
Type (Add-on Acquisition) 2 of 20
State (California) 1 of 3
Country (United States) 3 of 12
Year (2001) 3 of 3
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-07 Cyber IQ Systems Assets

United States

Cyber IQ Systems Assets comprises HyperCommerce, a layer 7, URL/cookie-persistent load-balancing, context-aware appliance that offers smart, secure transaction switching and provides a highly available, fast and scalable e-business infrastructure solution, CyberSSL, a server appliance that offloads cryptographic algorithms at record-breaking speeds. CyberSSL can handle 1520 transactions per second and more than 600 HTTPS requests per second and Monster SSL, a highly scalable SSL accelerator card that is incorporated in both products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-04 Spectel

Dublin, Ireland

Spectel's leading voice, data and web conferencing platforms, applications and professional services make real-time conferencing communication possible. Its customers include leading conferencing service providers such as AT&T, Citizens Conferencing, Conference Plus, ECI, InterCall, Singapore Telecom and Sprint. The company's corporate clients include Nestle, The Walt Disney Co., General Electric, Intel, Lockheed Martin, Goldman Sachs and UBS Warburg. Spectel headquarters are in Dublin, Ireland, and its North American headquarters are in Andover, Massachusetts.

Buy $103M