M&A Deal Summary

Inrange Technologies Acquires Varcom

On August 7, 2000, Inrange Technologies acquired internet software and services company Varcom for 25M USD

Acquisition Highlights
  • This is Inrange Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Inrange Technologies’ 2nd largest (disclosed) transaction.
  • This is Inrange Technologies’ 2nd transaction in the United States.
  • This is Inrange Technologies’ 1st transaction in Virginia.

M&A Deal Summary

Date 2000-08-07
Target Varcom
Sector Internet Software and Services
Buyer(s) Inrange Technologies
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

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.

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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 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2000 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-31 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.

Buy $30M