M&A Deal Summary

Red Bend Software Acquires VirtualLogix

On September 7, 2010, Red Bend Software acquired software company VirtualLogix

Acquisition Highlights
  • This is Red Bend Software’s 1st transaction in the Software sector.
  • This is Red Bend Software’s 1st transaction in the United States.
  • This is Red Bend Software’s 1st transaction in California.

M&A Deal Summary

Date 2010-09-07
Target VirtualLogix
Sector Software
Buyer(s) Red Bend Software
Deal Type Add-on Acquisition
Advisor(s) Rutberg Holdings (Financial)

Target

VirtualLogix

Sunnyvale, California, United States
VirtualLogix, a provider of real-time virtualization technology for mobile handsets.

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Buyer(S) 1

Buyer

Red Bend Software

Waltham, Massachusetts, United States

Category Company
Founded 1999
Sector Software
DESCRIPTION

Red Bend Software is a provider of software management technology for connected devices, and over-the-air (OTA) software and firmware upgrading services.


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: 2010 M&A 1 of 1