M&A Deal Summary

Vecima Acquires Concurrent Computer - Video Content Delivery & Storage Business

On October 16, 2017, Vecima acquired information technology company Concurrent Computer - Video Content Delivery & Storage Business from CCUR Holdings for 29M USD

Acquisition Highlights
  • This is Vecima’s 1st transaction in the Information Technology sector.
  • This is Vecima’s largest (disclosed) transaction.
  • This is Vecima’s 1st transaction in the United States.
  • This is Vecima’s 1st transaction in Georgia.

M&A Deal Summary
Date 2017-10-16
Target Concurrent Computer - Video Content Delivery & Storage Business
Sector Information Technology
Buyer(s) Vecima
Sellers(s) CCUR Holdings
Deal Type Divestiture
Deal Value 29M USD

Target

Concurrent Computer - Video Content Delivery & Storage Business

Duluth, Georgia, United States
Concurrent Computer Corp. - Video Content Delivery & Storage Business provides IP-driven technologies and multiscreen services that empower consumers with choice.

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Buyer(S) 1

Buyer

Vecima

Victoria, British Columbia, Canada

website

Category Company
Founded 1988
Sector Information Technology
Employees469
Revenue 187M CAD (2022)
DESCRIPTION

Vecima is a provider of technology solutions that empower network service providers to connect people and enterprises to information and entertainment worldwide. Vecima products for the cable industry allow service providers a cost-effective Last Mile Solution® for both video and broadband access, especially in the demanding business services market segment. Vecima was founded in 1988 and is based in Victoria, Canada.

DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 3
State (Georgia) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-29 Gainspeed

Sunnyvale, California, United States

Gainspeed is a provider of Virtual CCAP (Converged Cable Access Platform) products that include support for Distributed Access Architecture (DAA). The company allows high-bandwidth data transfer to cable television systems. It also includes a DAA video engine and a chassis-based EPON/DPoE solution for non-HFC network implementations.

Buy -

Seller(S) 1

SELLER

CCUR Holdings

Duluth, Georgia, United States

website

Category Company
Founded 1996
Sector Software
Employees6
Revenue 6M USD (2020)
DESCRIPTION

CCUR Holdings is a global software and solutions company that develops advanced applications on a core foundation of high performance Linux® and storage technologies. CCUR Holdings was incorporated in 1996 and is based in Duluth, Georgia.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Divestiture) 3 of 3
State (Georgia) 2 of 2
Country (United States) 3 of 3
Year (2017) 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Concurrent Real-Time

Duluth, Georgia, United States

Concurrent Real-Time, Inc. produces software and systems for applications or simulations serving industries such as aerospace, defense, automotive, energy and financial.

Sell $35M
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