M&A Deal Summary

Glassbridge Acquires Connected Data

On October 14, 2015, Glassbridge acquired technology hardware company Connected Data for 8M USD

Acquisition Highlights
  • This is Glassbridge’s 4th transaction in the Technology Hardware sector.
  • This is Glassbridge’s 4th largest (disclosed) transaction.
  • This is Glassbridge’s 7th transaction in the United States.
  • This is Glassbridge’s 2nd transaction in California.

M&A Deal Summary

Date 2015-10-14
Target Connected Data
Sector Technology Hardware
Buyer(s) Glassbridge
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Connected Data

Santa Clara, California, United States
Connected Data, Inc. is a provider of elegantly designed storage solutions to share, access and protect data.

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Buyer(S) 1

Buyer

Glassbridge

New York, New York, United States

Category Company
Founded 1996
Sector Technology Hardware
Employees17
Revenue 44M USD (2016)
DESCRIPTION

Glassbridge is a provider of data storage and data security. Products include DVDs, CDs, and Blu-ray disc recordable media, as well as USB flash drives, flash cards, and external hard disks; and audio and accessories, such as headphones, speakers, and accessories. GlassBridge was founded in 1996 and is based in New York, New York.


DEAL STATS #
Overall 8 of 8
Sector: Technology Hardware M&A 4 of 4
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2015 M&A 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-02 Nexsan Technologies

Newbury Park, California, United States

Nexsan is a provider of disk-based and hybrid disk-and-solid-state storage systems. Nexsan's hybrid storage systems combine solid-state technologies, disk storage and advanced software to deliver higher levels of performance and capacity at lower cost.

Buy $120M