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  6. Sonasoft Acquires Cornerstone Technologies

M&A Deal Summary

Sonasoft Acquires Cornerstone Technologies

On January 3, 2018, Sonasoft acquired information technology company Cornerstone Technologies

Acquisition Highlights
  • This is Sonasoft’s 1st transaction in the Information Technology sector.
  • This is Sonasoft’s 1st transaction in the United States.
  • This is Sonasoft’s 1st transaction in California.

M&A Deal Summary
Date 2018-01-03
Target Cornerstone Technologies
Sector Information Technology
Buyer(s) Sonasoft
Deal Type Add-on Acquisition

Target

Cornerstone Technologies

San Jose, California, United States
Cornerstone Technologies LLC is a provider of engineering services focused on the design, deployment, migration, and management of IT workloads for enterprise customers. With expert focus on messaging migration, identity access management, modern data center, and managed services solutions, Cornerstone Technologies plays a pivotal role in the transformation of their client’s IT environments. Cornerstone Technologies is a key partner to Microsoft, Dell/EMC, VMware, and TransVault, and the company has built an impressive customer list across multiple verticals, which include retail, high tech, healthcare, public transportation, and financial services.

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Buyer(S) 1

Buyer

Sonasoft

San Jose, California, United States
Category Company
Founded 2002
Sector Information Technology
Employees21
Revenue 9M USD (2021)
DESCRIPTION

Sonasoft’s core business model includes enterprise-class email archiving, eDiscovery, and business continuity software solutions for Microsoft business applications on Microsoft windows platforms. Sonasoft was founded in 2002 and is based in San Jose, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2018 M&A 1 of 1
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