M&A Deal Summary

Quantum Acquires Benchmark Storage Innovations

On November 13, 2002, Quantum acquired technology hardware company Benchmark Storage Innovations for 11M USD

Acquisition Highlights
  • This is Quantum’s 3rd transaction in the Technology Hardware sector.
  • This is Quantum’s 6th largest (disclosed) transaction.
  • This is Quantum’s 2nd transaction in the United States.
  • This is Quantum’s 1st transaction in Colorado.

M&A Deal Summary
Date 2002-11-13
Target Benchmark Storage Innovations
Sector Technology Hardware
Buyer(s) Quantum
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

Benchmark Storage Innovations

Boulder, Colorado, United States
Benchmark Storage Innovations, Inc. is a supplier of DLTtape(TM) drives, media and autoloaders.

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Buyer(S) 1

Buyer

Quantum

San Jose, California, United States
Category Company
Founded 1980
Sector Internet Software and Services
Employees770
Revenue 312M USD (2024)
DESCRIPTION

Quantum is a provider of cloud based scale-out storage, archive and data protection, providing intelligent solutions for capturing, sharing and preserving digital assets over the entire data lifecycle. Quantum was founded in 1980 and is based in San Jose, California.

DEAL STATS #
Overall 3 of 11
Sector (Technology Hardware) 3 of 6
Type (Add-on Acquisition) 3 of 9
State (Colorado) 1 of 1
Country (United States) 2 of 8
Year (2002) 1 of 1
Size (of disclosed) 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-07 M4 Data Holdings

Wells, United Kingdom

M4 Data Holdings Ltd. is a data storage company. M4 Data provides high performance tape automation products for the data storage market.

Buy $56M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-05 Certance

Costa Mesa, California, United States

Certance LLC is a tape backup products and data protection solutions, with more than 12 million drives installed. Certance designs, manufactures and markets an extensive range of products designed to meet the backup, restore and archive needs of virtually every platform from notebooks and PCs to enterprise servers.

Buy $60M
Mergr

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