M&A Deal Summary

Pacific Century CyberWorks Japan Acquires VR-1 Entertainment

On February 23, 2001, Pacific Century CyberWorks Japan acquired software company VR-1 Entertainment from Circadence for 38M USD

Acquisition Highlights
  • This is Pacific Century CyberWorks Japan’s 1st transaction in the Software sector.
  • This is Pacific Century CyberWorks Japan’s largest (disclosed) transaction.
  • This is Pacific Century CyberWorks Japan’s 1st transaction in the United States.
  • This is Pacific Century CyberWorks Japan’s 1st transaction in Colorado.

M&A Deal Summary
Date 2001-02-23
Target VR-1 Entertainment
Sector Software
Buyer(s) Pacific Century CyberWorks Japan
Sellers(s) Circadence
Deal Type Divestiture
Deal Value 38M USD

Target

VR-1 Entertainment

Boulder, Colorado, United States
VR-1 is one of the world's leading developers of online games. It uses revolutionary proprietary technology, known as Conductor ? to enable thousands of gamers to simultaneously play "massively multi-player" interactive games over the Internet. Conductor enables gamers to enjoy real-time interaction in network games across most connection speeds, including 28.8 kbps. VR-1 has its key development studio in Boulder, Colorado with additional facilities in Tokyo, St. Petersburg and Toronto.

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Buyer(S) 1

Buyer

Pacific Century CyberWorks Japan

Tokyo, Japan
Category Company
Founded 2000
Sector Distribution
DESCRIPTION

PCCW Japan K.K (JASDAQ: 7954) is heavily focused on the development and delivery of games and targeted content across multiple distribution platforms. The Company has engaged in extensive alliances and made significant investments in related companies.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Circadence

Boulder, Colorado, United States
Category Company
Founded 1993
Sector Software
DESCRIPTION

Circadence has leveraged the power of advanced technologies to pioneer smarter, faster, and more cost-effective solutions for improving IT performance. What started with our innovative platform for making massively multiplayer online games run faster has quickly grown into the most capable suite of optimization solutions available.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-17 Iptivia

New York, New York, United States

Iptivia, Inc. is a comprehensive set of products and services which enable High-Fidelity Service Assurance for large-scale IP networks. Iptivia’s High-Fidelity Service Assurance products add layers of IP management visibility previously unattainable from existing network management tools.

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