M&A Deal Summary

Netscape Communications Acquires Portola Communications

On June 17, 1997, Netscape Communications acquired communications company Portola Communications from Integral Capital Partners

Acquisition Highlights
  • This is Netscape Communications’ 1st transaction in the Communications sector.
  • This is Netscape Communications’ 1st transaction in the United States.
  • This is Netscape Communications’ 1st transaction in California.

M&A Deal Summary

Date 1997-06-17
Target Portola Communications
Sector Communications
Buyer(s) Netscape Communications
Sellers(s) Integral Capital Partners
Deal Type Add-on Acquisition

Target

Portola Communications

Palo Alto, California, United States
Portola Communications, Inc. develops internet software for messaging systems.

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Buyer(S) 1

Buyer

Netscape Communications

Mountain View, California, United States

Category Company
Founded 1994
Sector Marketing
DESCRIPTION

Netscape Communications Corporation offers development, marketing, sale, and support of enterprise software solutions.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1

Seller(S) 1

SELLER

Integral Capital Partners

Menlo Park, California, United States

Investor


Category Venture Capital Firm
Founded 1991
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Integral Capital Partners operates as a group of partnerships that invests in expansion-stage private and growth-stage public companies in the information and life sciences industries. Within information sciences, Integral focuses on communications-centric computing, real-time computing, and mobility. Within life sciences, Integral targets companies that deal in emerging medical technologies and healthcare information systems. The Firm operates in partnership with the venture capital firm Kleiner Perkins Caufield and Byers, which incubated the Firm in 1991, as well as private equity firm Silver Lake Partners. Integral Capital Partners is based in Menlo Park, California.


DEAL STATS #
Overall 3 of 67
Sector: Communications M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 45
State: California M&A 3 of 48
Country: United States M&A 3 of 66
Year: 1997 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-03-14 NeoMagic

Milpitas, California, United States

NeoMagic is a fabless semiconductor company and supplier of low-power audio and video integrated circuits for mobile use (MagicMedia). NeoMagic was founded in 1993 and is based in Milpitas, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-03 Agile Software

San Jose, California, United States

Agile Software Corp. develops and markets collaborative manufacturing commerce solutions that speed the build and buy process across the virtual manufacturing network.

Buy -