M&A Deal Summary

Unitrends Acquires Yuruware Pty

On May 29, 2014, Unitrends acquired internet software and services company Yuruware Pty for 10M USD

Acquisition Highlights
  • This is Unitrends’ 1st transaction in the Internet Software and Services sector.
  • This is Unitrends’ largest (disclosed) transaction.
  • This is Unitrends’ 1st transaction in Australia.

M&A Deal Summary
Date 2014-05-29
Target Yuruware Pty
Sector Internet Software and Services
Buyer(s) Unitrends
Deal Type Add-on Acquisition
Deal Value 10M USD

Target

Yuruware Pty

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

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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 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Australia) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-16 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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