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  5. Mako Networks Acquires Traverse Technologies

M&A Deal Summary

Mako Networks Acquires Traverse Technologies

On September 25, 2024, Mako Networks acquired information technology company Traverse Technologies

Acquisition Highlights
  • This is Mako Networks’ 1st transaction in the Information Technology sector.
  • This is Mako Networks’ 1st transaction in Australia.

M&A Deal Summary
Date 2024-09-25
Target Traverse Technologies
Sector Information Technology
Buyer(s) Mako Networks
Deal Type Add-on Acquisition

Target

Traverse Technologies

Melbourne, Australia
Traverse Technologies specializes in delivering cloud-based solutions, IT services, and communication tools to businesses of all sizes. Traverse Technologies is based in Melbourne, Australia.

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Buyer(S) 1

Buyer

Mako Networks

Auckland, New Zealand
Category Company
Sector Information Technology
DESCRIPTION

Mako System delivers a range of powerful services to help secure, protect and enhance the capabilities of business networks.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 Mako Networks - Assets

Auckland, New Zealand

Mako Networks - Assets includes the rights to all intellectual property relating to Mako’s branded network appliances and cloud-based Central Management System, including patents and patent applications, its trademarks and its beneficial interest in any contracts signed with customers worldwide.

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