M&A Deal Summary

Unitrends Acquires PHD Virtual Technologies

On December 16, 2013, Unitrends acquired software company PHD Virtual Technologies

Acquisition Highlights
  • This is Unitrends’ 1st transaction in the Software sector.
  • This is Unitrends’ 1st transaction in the United States.
  • This is Unitrends’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2013-12-16
Target PHD Virtual Technologies
Sector Software
Buyer(s) Unitrends
Deal Type Add-on Acquisition

Target

PHD Virtual Technologies

Philadelphia, Pennsylvania, United States
PHD Virtual Technologies, Inc. is a provider of virtual backup software solutions for data protection in virtual IT environments.

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Buyer(S) 1

Buyer

Unitrends

Burlington, Massachusetts, United States

Category Company
Founded 1987
Sector Information Technology
DESCRIPTION

Unitrends, Inc. is a provider of disk-based backup appliances (replacements for existing tape backup devices) for small and medium businesses, as well as an online backup service to backup data over the public internet to a remote datacenter.


DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-29 Yuruware Pty

Sydney, Australia

Yuruware Pty Ltd. is an innovator of data protection technology for Amazon Web Services (AWS), OpenStack and other public clouds.

Buy $10M