Investment Summary

Verso Technologies Exits SentitO Networks

On June 25, 2009, invested in information technology company SentitO Networks from Verso Technologies

Investment Highlights
  • This is transaction in the Information Technology sector.
  • This is transaction in the United States.
  • This is transaction in Massachusetts.

Investment Summary

Date 2009-06-25
Target SentitO Networks
Sector Information Technology
Sellers(s) Verso Technologies
Deal Type Bankruptcy

Target

SentitO Networks

Acton, Massachusetts, United States
SentitO Networks, Inc. is a provider of voice gateway and signaling solutions for telecom service providers.

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Seller(S) 1

SELLER

Verso Technologies

Atlanta, Georgia, United States

Category Company
Founded 1983
Sector Communications
Employees314
DESCRIPTION

Verso Technologies, Inc. is a full service provider (FSP) of business technology solutions.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Bankruptcy M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-21 Verso Technologies - Network Backhaul Assets and Product Lines

United States

Verso Technologies - Network Backhaul Assets and Product Lines provides products combine the functionality of a voice gateway and data routers, enabling enterprises to create digitally converged networks.

Sell $4M