M&A Deal Summary

SecureKloud Acquires FuGen Solutions

On May 14, 2013, SecureKloud acquired internet software and services company FuGen Solutions for 8M USD

Acquisition Highlights
  • This is SecureKloud’s 1st transaction in the Internet Software and Services sector.
  • This is SecureKloud’s largest (disclosed) transaction.
  • This is SecureKloud’s 1st transaction in the United States.
  • This is SecureKloud’s 1st transaction in California.

M&A Deal Summary
Date 2013-05-14
Target FuGen Solutions
Sector Internet Software and Services
Buyer(s) SecureKloud
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

FuGen Solutions

Sunnyvale, California, United States
FuGen Solutions, Inc. provides cloud-based identity federation services.

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Buyer(S) 1

Buyer

SecureKloud

Chennai, India
Category Company
Founded 1985
Sector Software
Employees694
Revenue 3.4B INR (2024)
DESCRIPTION

SecureKloud is a cloud & security solutions company provides digital technology solutions – SMAC (Social, Mobile, Analytics and Cloud) for seamless connectivity between consumers. SecureKloud was founded in 1985 and is based in Chennai, India.

DEAL STATS #
Overall 1 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 3
Country (United States) 1 of 4
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-27 SERJ Solutions

Orange, California, United States

SERJ Solutions, Inc. is a provider of innovative epic electronic health record (EHR) consulting, custom application development, and support solutions for the healthcare market.

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