M&A Deal Summary

Opsware Acquires Rendition Networks

On December 2, 2004, Opsware acquired software company Rendition Networks for 33M USD

Acquisition Highlights
  • This is Opsware’s 2nd transaction in the Software sector.
  • This is Opsware’s largest (disclosed) transaction.
  • This is Opsware’s 2nd transaction in the United States.
  • This is Opsware’s 1st transaction in Washington.

M&A Deal Summary
Date 2004-12-02
Target Rendition Networks
Sector Software
Buyer(s) Opsware
Deal Type Add-on Acquisition
Deal Value 33M USD

Target

Rendition Networks

Redmond, Washington, United States
Rendition Networks, Inc. is a provider of network configuration software and solutions.

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Buyer(S) 1

Buyer

Opsware

Sunnyvale, California, United States
Category Company
Founded 1999
Sector Information Technology
Employees552
DESCRIPTION

Opsware, Inc. is a software company based in Sunnyvale, California which offers products for server and network device provisioning, configuration and management targeted toward enterprise customers. Opsware also has offices in New York City, Seattle, Washington and Cary, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Washington) 1 of 1
Country (United States) 2 of 2
Year (2004) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-04 Tangram Enterprise Solutions

Cary, North Carolina, United States

Tangram is a provider of IT asset management software.

Buy $10M
Mergr

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