M&A Deal Summary

Inrange Technologies Acquires Computerm

On July 31, 2000, Inrange Technologies acquired information technology company Computerm for 30M USD

Acquisition Highlights
  • This is Inrange Technologies’ 1st transaction in the Information Technology sector.
  • This is Inrange Technologies’ largest (disclosed) transaction.
  • This is Inrange Technologies’ 1st transaction in the United States.
  • This is Inrange Technologies’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2000-07-31
Target Computerm
Sector Information Technology
Buyer(s) Inrange Technologies
Deal Type Add-on Acquisition
Deal Value 30M USD

Target

Computerm

Pittsburgh,, Pennsylvania, United States
Computerm provides high-performance channel extension products and services. Channel extension technology allows storage networking applications to operate over wide area networks. The channel extender is used with channel directors to support disaster recovery,data mirroring, remote processing, and other applications which are key to maintaining high-availability storage networks.

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Buyer(S) 1

Buyer

Inrange Technologies

Lumberton, New Jersey, United States
Category Company
Founded 1968
Sector Technology Hardware
Employees785
DESCRIPTION

INRANGE Technologies designs, manufactures, markets and services networking and switching products for storage, data and telecommunications networks.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 2
Year (2000) 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-07 Varcom

Fairfax, Virginia, United States

Varcom Corp. is a specialist in network management hardware, software, and services. The company’s products include the VC 1000 Management Console and Remote Test Manager.

Buy $25M
Mergr

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