M&A Deal Summary

Hifn Acquires Siafu Software

On July 24, 2007, Hifn acquired software company Siafu Software

Acquisition Highlights
  • This is Hifn’s 1st transaction in the Software sector.
  • This is Hifn’s 1st transaction in the United States.
  • This is Hifn’s 1st transaction in California.

M&A Deal Summary

Date 2007-07-24
Target Siafu Software
Sector Software
Buyer(s) Hifn
Deal Type Add-on Acquisition

Target

Siafu Software

Poway, California, United States
Siafu Software LLC is a provider of encrypted iSCSI solutions for IP storage.

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Buyer(S) 1

Buyer

Hifn

Fremont, California, United States

Category Company
Founded 1996
Sector Semiconductors
Employees166
DESCRIPTION

Hifn, Inc. is a provider of network and storage security solutions and data reduction products to network and storage original equipment manufacturers, and small and medium enterprises.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1