M&A Deal Summary

Ezenia! Acquires InfoWorkSpace

On May 22, 2001, Ezenia! acquired business services company InfoWorkSpace from General Dynamics for 21M USD

Acquisition Highlights
  • This is Ezenia!’s 1st transaction in the Business Services sector.
  • This is Ezenia!’s largest (disclosed) transaction.
  • This is Ezenia!’s 1st transaction in the United States.

M&A Deal Summary

Date 2001-05-22
Target InfoWorkSpace
Sector Business Services
Buyer(s) Ezenia!
Sellers(s) General Dynamics
Deal Type Divestiture
Deal Value 21M USD
Advisor(s) Aronson Capital Partners (Financial)

Target

InfoWorkSpace

United States
InfoWorkSpace provides a secure virtual office where users can build online meeting places organized into virtual buildings, floors and rooms to meet and interact on projects in real time.

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Buyer(S) 1

Buyer

Ezenia!

Weare, New Hampshire, United States

Category Company
Founded 1991
Sector Technology Hardware
Employees9
Revenue 3M USD (2010)
DESCRIPTION

Ezenia! is a provider of real-time communication, conferencing, and collaboration solutions, bringing new and valuable levels of interaction and information sharing to corporate, government and commercial networks. By integrating voice, video and data collaboration, the Company’s award-winning products enable groups to interact through a natural meeting experience regardless of geographic distance. Ezenia! was incorporated in 1991 and is based in Weare, New Hampshire.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

General Dynamics

Reston, Virginia, United States

Category Company
Founded 1899
Sector Defense
Employees100,000
Revenue 42.3B USD (2023)
DESCRIPTION
General Dynamics' Ordnance and Tactical Systems unit located in St. Petersburg, Florida.
General Dynamics' Ordnance and Tactical Systems unit located in St. Petersburg, Florida.

General Dynamics is an aerospace and defense company. It manufacturers business jets as well as provides combat systems to the US military. General Dynamics was founded in 1952 and is based in Reston, Virginia.


DEAL STATS #
Overall 2 of 6
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 5
Country (United States) 2 of 6
Year (2001) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-11 Saco Defense

Saco, Maine, United States

Saco Defense Corporation will become a subsidiary of General Dynamics Armament Systems, and will be known as General Dynamics Weapon Systems. provides services in business aviation, information systems, shipbuilding and marine systems, and land and amphibious combat systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-18 General Motors Defense

London, Ontario, Canada

GM Defense produces wheeled armored vehiclesand turrets. In a joint venturewith General Dynamics, GM Defense produces Stryker, the U.S. Army’stransformational combat vehicle. OtherGM Defense products include the LAV (Light Armored Vehicle) for Canada,Australia, New Zealand and Saudi Arabia; and the Piranha combat vehicle for anumber of international customers.

Buy $1.1B