M&A Deal Summary

Phoenix Technologies Acquires iolo technologies

On October 10, 2013, Phoenix Technologies acquired software company iolo technologies

Acquisition Highlights
  • This is Phoenix Technologies’ 1st transaction in the Software sector.
  • This is Phoenix Technologies’ 1st transaction in the United States.
  • This is Phoenix Technologies’ 1st transaction in California.

M&A Deal Summary

Date 2013-10-10
Target iolo technologies
Sector Software
Buyer(s) Phoenix Technologies
Deal Type Add-on Acquisition

Target

iolo technologies

Los Angeles, California, United States
iolo technologies, LLC (“iolo”), a market leader in performance optimization software for PCs and mobile devices.

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Buyer(S) 1

Buyer

Phoenix Technologies

Campbell, California, United States

Category Company
Founded 1979
Sector Software
Employees462
DESCRIPTION

Phoenix Technologies is the market provider of Core System Software ("CSS") for PCs and other computing devices. Its CSS products support and enable the compatibility, connectivity, security and manageability of the various components and technologies used in electronic devices. Phoenix Technologies was founded in 1979 and is based in Campbell, California.


DEAL STATS #
Overall 1 of 1
Sector: Software 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: 2013 M&A 1 of 1