M&A Deal Summary

Ziff Davis Acquires 24sevenbackup

On June 30, 2016, Ziff Davis acquired information technology company 24sevenbackup from PC Problems

Acquisition Highlights
  • This is Ziff Davis’ 12th transaction in the Information Technology sector.
  • This is Ziff Davis’ 5th transaction in Ireland.

M&A Deal Summary

Date 2016-06-30
Target 24sevenbackup
Sector Information Technology
Buyer(s) Ziff Davis
Sellers(s) PC Problems
Deal Type Divestiture

Target

24sevenbackup

Ireland
24sevenbackup is a provider of IT services.

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Buyer(S) 1

Buyer

Ziff Davis

New York, New York, United States

Category Company
Founded 2014
Sector Internet Software and Services
Employees4,200
Revenue 1.4B USD (2023)
DESCRIPTION

Ziff Davis is a provider of Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications, and CRM solutions. Ziff Davis was founded in 1995 and is based in New York City.


DEAL STATS #
Overall 64 of 84
Sector (Information Technology) 12 of 16
Type (Divestiture) 6 of 9
Country (Ireland) 5 of 6
Year (2016) 12 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Electronic Vaulting Services

Memphis, Tennessee, United States

Electronic Vaulting Services Corp. is a provider of IT storage solutions to back up customer data and archives.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-11 Front-safe A/S

Aarhus, Denmark

Front-safe A/S is a provider of backup and archiving solutions for small customers and large enterprises. Front Safe was founded in 2006 in Denmark with a goal to develop easy-to-learn and easy-to-use self-service tools for IBM Spectrum Protect (formerly called IBM Tivoli Storage Manager). Front Safe Cloud Portal Software by service providers and enterprises worldwide.

Buy -

Seller(S) 1

SELLER

PC Problems

Cork, Ireland

Category Company
Sector Information Technology
DESCRIPTION

PC Problems is a provider of IT support services.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Ireland) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 24sevenbackup

Ireland

24sevenbackup is a provider of IT services.

Buy -