M&A Deal Summary

Evolution Digital Acquires I-Velozity

On July 20, 2015, Evolution Digital acquired information technology company I-Velozity

Acquisition Highlights
  • This is Evolution Digital’s 1st transaction in the Information Technology sector.
  • This is Evolution Digital’s 1st transaction in the United States.
  • This is Evolution Digital’s 1st transaction in Illinois.

M&A Deal Summary

Date 2015-07-20
Target I-Velozity
Sector Information Technology
Buyer(s) Evolution Digital
Deal Type Add-on Acquisition

Target

I-Velozity

Chicago, Illinois, United States
I-Velozity, Inc. is a integrated VoD based company with operations in USA and India.

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Buyer(S) 1

Buyer

Evolution Digital

Centennial, Colorado, United States

Category Company
Founded 2008
Sector Technology Hardware
DESCRIPTION

Evolution Digital LLC is a provider of digital solutions and next-generation hybrid IP/QAM set-top boxes to the US and international cable marketplace.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1