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  6. Promise Technology Acquires Symply

M&A Deal Summary

Promise Technology Acquires Symply

On March 2, 2017, Promise Technology acquired technology hardware company Symply

Acquisition Highlights
  • This is Promise Technology’s 1st transaction in the Technology Hardware sector.
  • This is Promise Technology’s 1st transaction in the United States.
  • This is Promise Technology’s 1st transaction in California.

M&A Deal Summary
Date 2017-03-02
Target Symply
Sector Technology Hardware
Buyer(s) Promise Technology
Deal Type Add-on Acquisition

Target

Symply

Torrance, California, United States
Symply, Inc. is a provider of digital storage solutions and products for media creators and content owners.

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Buyer(S) 1

Buyer

Promise Technology

Hsinchu, Taiwan
Category Company
Founded 1980
Sector Technology Hardware
Revenue 573M TWD (2024)
DESCRIPTION

Promise Technology is a provider of storage solutions for data center, surveillance, cloud and rich media markets. Promise Technology was founded in 1980 and is based in Hsinchu City, Taiwan.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware 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: 2017 M&A 1 of 1
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