M&A Deal Summary

Comcast Acquires PowerCloud

On July 14, 2014, Comcast acquired technology hardware company PowerCloud

Acquisition Highlights
  • This is Comcast’s 1st transaction in the Technology Hardware sector.
  • This is Comcast’s 13th transaction in the United States.
  • This is Comcast’s 4th transaction in California.

M&A Deal Summary

Date 2014-07-14
Target PowerCloud
Sector Technology Hardware
Buyer(s) Comcast
Deal Type Add-on Acquisition

Target

PowerCloud

Palo Alto, California, United States
PowerCloud is a manufacturer of the Skydog Wi-Fi router and app that lets users monitor and modify how broadband is used in their homes. PowerCloud was founded in 2008 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Comcast

Philadelphia, Pennsylvania, United States

Category Company
Founded 1963
Sector Media
Employees182,000
Revenue 123.7B USD (2024)
DESCRIPTION
Comcast Center in downtown Philadelphia, Pennsylvania.
Comcast Center in downtown Philadelphia, Pennsylvania.

Comcast is a media and communications company that provides entertainment, information, and communications products and services in the United States and internationally. Comcast was incorporated in 1963 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 13 of 26
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 21
State: California M&A 4 of 6
Country: United States M&A 13 of 24
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-07 FreeWheel Media

San Mateo, California, United States

FreeWheel Media, Inc. is a provider of premium video ad management solutions for media and entertainment companies.

Buy $375M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 Visible World

New York, New York, United States

Visible World is a provider of targeted television advertising solutions. Visible World's suite of services enables advertisers, agencies, and media companies to deliver addressable, interactive, and measurable ads. Visible World campaigns increase ad relevance and engagement by providing capabilities to target real-time offers, products, and creative based on geography, programming, inventory levels, time of day, weather, and other data-driven conditions.

Buy -