M&A Deal Summary

iPass Acquires Mobile Automation

On October 26, 2004, iPass acquired information technology company Mobile Automation for 20M USD

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

M&A Deal Summary

Date 2004-10-26
Target Mobile Automation
Sector Information Technology
Buyer(s) iPass
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Mobile Automation

Westlake Village, California, United States
Mobile Automation, Inc. is a developer of IT solutions that protect and manage their remote and mobile devices such as computers and personal data assistants (PDAs).

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Buyer(S) 1

Buyer

iPass

Redwood Shores, California, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees205
Revenue 54M USD (2017)
DESCRIPTION

iPass, Inc. has been a pioneer in connectivity technology for 20 years. The company’s SmartConnect technology enables wireless users to automatically transition between Wi-Fi and cellular so they can stay connected to work – and life – on the go. This technology also lets businesses gather rich insights based on customer location. By incorporating both Wi-Fi and GPS signals, iPass delivers the industry’s most accurate location data, so that businesses can better understand their customers and create more value.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (California) 1 of 2
Country (United States) 1 of 2
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-20 GoRemote Internet Communications

Milpitas, California, United States

GoRemote Internet Communications, Inc. is a provider of secure, managed broadband network services to large and mid-size distributed enterprises and services providers worldwide.

Buy -