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  6. Network Engines Acquires TidalWire

M&A Deal Summary

Network Engines Acquires TidalWire

On December 30, 2002, Network Engines acquired internet software and services company TidalWire

Acquisition Highlights
  • This is Network Engines’ 1st transaction in the Internet Software and Services sector.
  • This is Network Engines’ 1st transaction in the United States.
  • This is Network Engines’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2002-12-30
Target TidalWire
Sector Internet Software and Services
Buyer(s) Network Engines
Deal Type Add-on Acquisition
Advisor(s) Bowen (Financial)

Target

TidalWire

Canton, Massachusetts, United States
TidalWire Inc. distributes and support storage networking products and server appliances in the United States.

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Buyer(S) 1

Buyer

Network Engines

Canton, Massachusetts, United States
Category Company
Founded 1997
Sector Information Technology
Revenue 272M USD (2013)
DESCRIPTION

NEI: Provider of server appliance products and services for storage, security, and communications software vendors.

DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-10 Alliance Systems

Plano, Texas, United States

Alliance Systems, Inc., a leading provider of server appliances and computer infrastructure supporting telecommunications and enterprise communications solutions.

Buy $38M
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