M&A Deal Summary

Quantum Acquires Western Digital - ActiveScale Business

On February 3, 2020, Quantum acquired technology hardware company Western Digital - ActiveScale Business from Western Digital

Acquisition Highlights
  • This is Quantum’s 6th transaction in the Technology Hardware sector.
  • This is Quantum’s 7th transaction in the United States.
  • This is Quantum’s 4th transaction in California.

M&A Deal Summary

Date 2020-02-03
Target Western Digital - ActiveScale Business
Sector Technology Hardware
Buyer(s) Quantum
Sellers(s) Western Digital
Deal Type Divestiture

Target

Western Digital - ActiveScale Business

San Jose, California, United States
Western Digital's ActiveScale Business provides scalable cloud Object storage systems to drive a data-forever strategy.

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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 8 of 11
Sector: Technology Hardware M&A 6 of 6
Type: Divestiture M&A Deals 1 of 2
State: California M&A 4 of 4
Country: United States M&A 7 of 8
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-07 Symform

Seattle, Washington, United States

Symform, Inc. is a provider of cloud services. Symform offers a wide variety of options for integrating customer data into the cloud, including file sync and share, file backup and archive and system replication, with the ability to move data to and from smartphones, tablets, laptops, workstations and servers (Windows, Linux and Apple platforms).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-14 Square Box Systems

Warwickshire, United Kingdom

Square Box Systems Ltd. is a specialist in data cataloging, user collaboration, and digital asset management software. Square Box Systems is based in Warwickshire, United Kingdom.

Buy -

Seller(S) 1

SELLER

Western Digital

San Jose, California, United States

Category Company
Founded 1970
Sector Technology Hardware
Employees51,000
Revenue 13.0B USD (2024)
DESCRIPTION
Western Digital's corporate headquarters in Irvine, California.
Western Digital's corporate headquarters in Irvine, California.

Western Digital is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Western Digital was formed in 1970 and is based in San Jose, California.


DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-19 Western Digital - IntelliFlash Business

San Jose, California, United States

Western Digital Corp. - IntelliFlash Business is a value-add provider of AI and multi-cloud data management solutions.

Sell -