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  5. Omneon Acquires Castify Networks

M&A Deal Summary

Omneon Acquires Castify Networks

On December 17, 2007, Omneon acquired software company Castify Networks from Invision

Acquisition Highlights
  • This is Omneon’s 1st transaction in the Software sector.
  • This is Omneon’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2007-12-17
Target Castify Networks
Sector Software
Buyer(s) Omneon
Sellers(s) Invision
Deal Type Add-on Acquisition
Advisor(s) Mooreland Partners LLC (Financial)

Target

Castify Networks

London, United Kingdom
Castify is a U.K.-headquartered software company providing an open service delivery platform built on SOA principles that allows companies to virtualize services across globally distributed locations. Castify's EBN and CBN platforms are designed to deliver fast service access, high performance, and high availability for distributed services. Castify provides for lower total cost of ownership through multiservice virtualization in remote locations and fully centralized service management.

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Buyer(S) 1

Buyer

Omneon

Sunnyvale, California, United States
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Omneon, Inc. is a provider of scalable media server and active storage systems that optimize workflow productivity and on-air reliability for the production, distribution, and management of digital media. Omneon is a pioneer in the use of advanced IT technologies and open systems for broadcast applications, producing a modular and expandable video server architecture in the Omneon Spectrum media server.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Invision

Zug, Switzerland

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Invision AG is a private equity firm focused on growth capital investments in European companies or companies with opportunities in Europe. Target sectors include information technology, software, electronics, telecommunications, medical devices, healthcare services, financial services, and media. Invision looks to invest between €20 and €100 million in businesses generating €25 and €200 million in sales. Invision was formed in 1996 as the corporate venture capital arm of Metro Holding. Invision is based in Zug, Switzerland.

DEAL STATS #
Overall 12 of 24
Sector: Software M&A 2 of 6
Type: Add-on Acquisition M&A Deals 3 of 8
Country: United Kingdom M&A 2 of 2
Year: 2007 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-07 RSD SA

Geneva, Switzerland

RSD SA is a provider of document management software systems for enterprises and offers solutions for report management and document classification running on Z/OS, UNIX and Windows servers (multiplatform solution). RSD was founded in 1973 and is based in Geneva, Switzerland

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-31 Swiss Education Group

Montreux, Switzerland

Swiss Education Group Ltd. is a hotel management education organisation with close to 3000 students from more than 60 countries. Swiss Education Group Ltd. was founded in 1982 and is based in Montreux, Switzerland.

Buy -
Mergr

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