M&A Deal Summary

Western Digital Acquires Arkeia Software

On January 22, 2013, Western Digital acquired software company Arkeia Software

Acquisition Highlights
  • This is Western Digital’s 2nd transaction in the Software sector.
  • This is Western Digital’s 6th transaction in the United States.
  • This is Western Digital’s 6th transaction in California.

M&A Deal Summary

Date 2013-01-22
Target Arkeia Software
Sector Software
Buyer(s) Western Digital
Deal Type Add-on Acquisition
Advisor(s) AGC Partners (Financial)

Target

Arkeia Software

Carlsbad, California, United States
Arkeia Software, Inc. is a data protection company based in Carlsbad, California.

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Buyer(S) 1

Buyer

Western Digital

San Jose, California, United States

Category Company
Founded 1970
Sector Technology Hardware
Employees51,000
Revenue 13.0B USD (2024)
DESCRIPTION
Western Digital's corporate headquarters in Irvine, California.
Western Digital's corporate headquarters in Irvine, California.

Western Digital is a developer and manufacturer of storage products that enable people to create, manage, experience and preserve digital content. The Company designs and makes storage devices, networking equipment and home entertainment products under the WD, HGST and G-Technology brands. Western Digital was formed in 1970 and is based in San Jose, California.


DEAL STATS #
Overall 6 of 15
Sector: Software M&A 2 of 6
Type: Add-on Acquisition M&A Deals 4 of 12
State: California M&A 6 of 12
Country: United States M&A 6 of 14
Year: 2013 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-07 HGST

San Jose, California, United States

HGST (formerly Hitachi Global Storage Technologies) is a new type of storage company for a new world where ever-increasing amounts of content are being generated from cloud services, Internet content providers, social networks, mobile devices, Big Data and enterprise business transactions.

Buy $4.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-10 VeloBit

Lincoln, Massachusetts, United States

VeloBit provides high-performance storage I/O optimization software that dramatically boosts VDI and server density, accelerates applications, and boosts database capacity at a remarkably low cost. VeloBit uses Solid State Disk (SSD) to create a transparent application acceleration layer that boosts performance and capacity by up to 20x. The software installs seamlessly in 60 seconds and automatically tunes for fastest application speed. VeloBit deploys and operates transparently to existing applications, storage, or data management.

Buy -