M&A Deal Summary

Silicon Graphics International Acquires FileTek

On October 1, 2013, Silicon Graphics International acquired software company FileTek

Acquisition Highlights
  • This is Silicon Graphics International’s 2nd transaction in the Software sector.
  • This is Silicon Graphics International’s 3rd transaction in the United States.
  • This is Silicon Graphics International’s 1st transaction in Maryland.

M&A Deal Summary

Date 2013-10-01
Target FileTek
Sector Software
Buyer(s) Silicon Graphics International
Deal Type Add-on Acquisition

Target

FileTek

Rockville, Maryland, United States
FileTek, Inc. is a provider of Big Data storage virtualization, large-scale data management, and Active Archive.

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Buyer(S) 1

Buyer

Silicon Graphics International

Milpitas, California, United States

Category Company
Founded 2002
Sector Technology Hardware
Employees1,100
Revenue 533M USD (2016)
DESCRIPTION

Silicon Graphics International Corp.is a high-performance computing manufacturer, producing computer hardware and software. Its initial market was 3D graphics computer workstations, but its products, strategies and market positions fluctuated, and the company had its ups and downs over time. SGI products and services are used for high-performance computing (HPC) and big data analytics in the scientific, technical, business and government communities to solve challenging data-intensive computing, data management and virtualization problems.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Maryland M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-09 Nihon Silicon Graphics

Tokyo, Japan

Nihon Silicon Graphics manufactures and offers molecular dynamic simulation systems, content servers, and HD file-based television program broadcasting systems.

Buy $18M