M&A Deal Summary

Blue Coat Systems Acquires Ositis Software

On October 29, 2003, Blue Coat Systems acquired information technology company Ositis Software for 7M USD

Acquisition Highlights
  • This is Blue Coat Systems’ 1st transaction in the Information Technology sector.
  • This is Blue Coat Systems’ 5th largest (disclosed) transaction.
  • This is Blue Coat Systems’ 1st transaction in the United States.
  • This is Blue Coat Systems’ 1st transaction in California.

M&A Deal Summary

Date 2003-10-29
Target Ositis Software
Sector Information Technology
Buyer(s) Blue Coat Systems
Deal Type Add-on Acquisition
Deal Value 7M USD
Advisor(s) Wedbush Securities (Financial)

Target

Ositis Software

Pleasanton, California, United States
Ositis Software, Inc. is a provider of integrated email and Web antivirus appliances.

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Buyer(S) 1

Buyer

Blue Coat Systems

Sunnyvale, California, United States

Category Company
Sector Information Technology
Revenue 598M USD (2016)
DESCRIPTION

Blue Coat is an enterprise security, providing on-premise, hybrid and cloud-based solutions for protecting web connectivity, combating advanced threats and responding to security breaches. Blue Coat is the global market leader in securing connection to the web and counts nearly 80 percent of the Global Fortune 500 as its customers.


DEAL STATS #
Overall 1 of 10
Sector: Information Technology M&A 1 of 6
Type: Add-on Acquisition M&A Deals 1 of 9
State: California M&A 1 of 3
Country: United States M&A 1 of 8
Year: 2003 M&A 1 of 1
Size (of disclosed) 5 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-17 Cerberian

Draper, Utah, United States

Cerberian is a provider of URL filtering software.

Buy $18M