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M&A Deal Summary

ClearCube Acquires NetworkElites Services

On September 19, 2011, ClearCube acquired internet software and services company NetworkElites Services

Acquisition Highlights
  • This is ClearCube’s 1st transaction in the Internet Software and Services sector.
  • This is ClearCube’s 1st transaction in the United States.
  • This is ClearCube’s 1st transaction in Texas.

M&A Deal Summary
Date 2011-09-19
Target NetworkElites Services
Sector Internet Software and Services
Buyer(s) ClearCube
Deal Type Add-on Acquisition

Target

NetworkElites Services

Austin, Texas, United States
NetworkElites Services, Inc. is a cloud computing and managed services provider.

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Buyer(S) 1

Buyer

ClearCube

Cedar Park, Texas, United States
Category Company
Founded 1997
Sector Technology Hardware
DESCRIPTION

ClearCube is a provider of centralized computing and desktop virtualization solutions for many industries, including government and health care. ClearCube provides a managed desktop architecture that delivers dedicated, Intel-based PC functionality to a given user’s desktop from a centralized, rack-mounted environment. ClearCube was founded in 1997 and is based in Cedar Park, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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