M&A Deal Summary

Tut Systems Acquires VideoTele.com

On October 1, 2002, Tut Systems acquired communications company VideoTele.com

Acquisition Highlights
  • This is Tut Systems’ 1st transaction in the Communications sector.
  • This is Tut Systems’ 1st transaction in the United States.
  • This is Tut Systems’ 1st transaction in Oregon.

M&A Deal Summary

Date 2002-10-01
Target VideoTele.com
Sector Communications
Buyer(s) Tut Systems
Deal Type Add-on Acquisition

Target

VideoTele.com

Lake Oswego, Oregon, United States
VideoTele.com, Inc. offers Digital Headend solutions enabling home entertainment delivery via the broadband Internet.

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Buyer(S) 1

Buyer

Tut Systems

Lake Oswego, Oregon, United States

Category Company
Founded 1983
Sector Communications
Employees136
DESCRIPTION

Tut Systems delivers advanced content processing and distribution products as well as comprehensive system integration services for deploying next-generation data and video services over broadband networks. Service providers, content providers, and government agencies worldwide use Tut Systems solutions to deliver broadcast-quality video over broadband networks.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1