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  6. CradlePoint Acquires ZTEdge

M&A Deal Summary

CradlePoint Acquires ZTEdge

On April 4, 2023, CradlePoint acquired information technology company ZTEdge

Acquisition Highlights
  • This is CradlePoint’s 1st transaction in the Information Technology sector.
  • This is CradlePoint’s 2nd transaction in the United States.
  • This is CradlePoint’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2023-04-04
Target ZTEdge
Sector Information Technology
Buyer(s) CradlePoint
Deal Type Add-on Acquisition

Target

ZTEdge

Paramus, New Jersey, United States
ZTEdge provides an advanced enterprise cloud security platform to solidify Cradlepoint’s SASE and zero trust offerings for hybrid 5G and wireline environments. ZTEdge is based in Paramus, New Jersey.

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Buyer(S) 1

Buyer

CradlePoint

Boise, Idaho, United States
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Founded in 2006, Cradlepoint provides wireless WAN solutions that deliver enterprise-grade connectivity. In addition to the company headquarters in Boise, Idaho, USA, the company operates a research and development center in Silicon Valley, California, and new market offices in the United Kingdom and Australia.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Pertino

Cupertino, California, United States

Pertino, Inc. is a provider of cloud based networking, virtualization, security and computing services for organizations.

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