M&A Deal Summary |
|
|---|---|
| Date | 2016-05-13 |
| Target | AirVM - Hosting Business |
| Sector | Internet Software and Services |
| Buyer(s) | TeraGo Networks |
| Sellers(s) | AirVM |
| Deal Type | Divestiture |
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TeraGo Networks (TSX:TGO) provides Wireless Broadband Services to businesses in Canada, which include High Speed Internet, Data Networking, and Internet Redundancy. We deliver high-capacity, symmetrical bandwidth using Fixed Wireless Technology, which offers businesses a Cost-Effective Alternative to other traditional wireline options such as fibre optic, copper and cable.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Internet Software and Services M&A | 3 of 3 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 4 of 4 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-27 |
RackForce Networks
Kelowna, British Columbia, Canada RackForce Networks, Inc. is a canadian enterprise cloud service provider and serves clients both nationally and globally. |
Buy | $33M |
AirVM, Inc. is a white-label, IAAS cloud platform for resellers. AirVM delivers a complete cloud management platform that provides end-to-end business management for a large network of cloud service providers globally.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |