M&A Deal Summary

Hightail Acquires Adept Cloud

On February 17, 2013, Hightail acquired internet software and services company Adept Cloud

Acquisition Highlights
  • This is Hightail’s 3rd transaction in the Internet Software and Services sector.
  • This is Hightail’s 4th transaction in the United States.
  • This is Hightail’s 2nd transaction in California.

M&A Deal Summary

Date 2013-02-17
Target Adept Cloud
Sector Internet Software and Services
Buyer(s) Hightail
Deal Type Add-on Acquisition

Target

Adept Cloud

San Mateo, California, United States
adeptCloud is a file sharing and collaboration company focused on security, control and privacy.

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Buyer(S) 1

Buyer

Hightail

Campbell, California, United States

Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Hightail, Inc. is a provider of online file storage and management capabilities. Hightail, Inc. was established in 2004 and is based in Campbell, California.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-15 Found Software

San Francisco, California, United States

Found Software, Inc. is a software company enables users to instantly find and discover their files, documents, and data across devices and cloud services.

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