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M&A Deal Summary

Searchlight Scientific Acquires Linux Labs International

On April 24, 2011, Searchlight Scientific acquired technology hardware company Linux Labs International

Acquisition Highlights
  • This is Searchlight Scientific’s 1st transaction in the Technology Hardware sector.
  • This is Searchlight Scientific’s 1st transaction in the United States.
  • This is Searchlight Scientific’s 1st transaction in Georgia.

M&A Deal Summary
Date 2011-04-24
Target Linux Labs International
Sector Technology Hardware
Buyer(s) Searchlight Scientific
Deal Type Add-on Acquisition

Target

Linux Labs International

Atlanta, Georgia, United States
Linux Labs International, Inc. is a hybrid engineering firm specializing in technologies that expand the field of high performance supercomputing. Linux Labs designs and builds high-performance supercomputers utilizing their proprietary NimbusOS™.

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Buyer(S) 1

Buyer

Searchlight Scientific

Nevada, United States
Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Searchlight Scientific, Inc. is a next generation data services company focusing on developing and growing cloud based solutions to solve tomorrow's computing challenges.

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: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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