M&A Deal Summary

Datto Acquires Infocyte

On January 20, 2022, Datto acquired information technology company Infocyte

Acquisition Highlights
  • This is Datto’s 5th transaction in the Information Technology sector.
  • This is Datto’s 3rd transaction in the United States.
  • This is Datto’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-01-20
Target Infocyte
Sector Information Technology
Buyer(s) Datto
Deal Type Add-on Acquisition

Target

Infocyte

Austin, Texas, United States
Infocyte is a provider of endpoint detection and response (EDR) technologies and managed detection and response (MDR) services. Infocyte is based in Austin, Texas.

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Buyer(S) 1

Buyer

Datto

Norwalk, Connecticut, United States

Category Company
Founded 2007
Sector Information Technology
Employees2,089
Revenue 618M USD (2021)
DESCRIPTION
Datto's corporate headquarters in Norwalk, Connecticut.
Datto's corporate headquarters in Norwalk, Connecticut.

Datto is a vendor of backup, disaster recovery (BDR), and intelligent business continuity (IBC) solutions, providing technology and support to its 5,000+ channel Partners throughout North America and Europe. Datto is the only hybrid-cloud BDR/IBC vendor that provides instant on- and off-site virtualization and screenshot backup verification, achieved through its Inverse Chain Technology. The Datto product line addresses the specific needs of small to medium-sized businesses (SMBs) and serves a wide range of vertical markets including healthcare, financial, education, banking, legal, manufacturing, retail, and municipal. Datto is a channel-only provider. Solutions are resold through Managed Service Providers (MSPs), Value Added Resellers (VARs), and IT Service Providers to end-user businesses. Datto was founded in 2007 and is based in Norwalk, Connecticut.


DEAL STATS #
Overall 6 of 6
Sector: Information Technology M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 BitDam

Tel Aviv, Israel

BitDam is a cyber threat detection company. BitDam’s cyber-defense platform secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Its leading threat detection technology was built to stop zero-day threats including those that do not match any known malware signatures, proactively defending against malware and phishing threats within a user’s inbox, chat, or cloud drive.

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