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  6. Vixtel Pty Acquires CloudTC

M&A Deal Summary

Vixtel Pty Acquires CloudTC

On May 17, 2013, Vixtel Pty acquired technology hardware company CloudTC

Acquisition Highlights
  • This is Vixtel Pty’s 1st transaction in the Technology Hardware sector.
  • This is Vixtel Pty’s 1st transaction in the United States.
  • This is Vixtel Pty’s 1st transaction in California.

M&A Deal Summary
Date 2013-05-17
Target CloudTC
Sector Technology Hardware
Buyer(s) Vixtel Pty
Deal Type Add-on Acquisition

Target

CloudTC

Palo Alto, California, United States
CloudTC, Inc. is a developer and manufacturer of Android based media phones, delivering smart IP phone.

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Buyer(S) 1

Buyer

Vixtel Pty

South Wharf, Australia
Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

Vixtel Pty Ltd. is a provider of smartphone technology to any destination, including desktop, thus making the product an attractive marketing element with the absolutely understandable operational deisgn.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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