Investment Summary

Zantaz Exits Persist Technologies

On January 1, 2002, invested in internet software and services company Persist Technologies from Zantaz

Investment Highlights
  • This is transaction in the Internet Software and Services sector.
  • This is transaction in the United States.
  • This is transaction in California.
Investment Fate
  • Persist Technologies was sold to a strategic buyer in 2003.

Investment Summary

Date 2002-01-01
Target Persist Technologies
Sector Internet Software and Services
Sellers(s) Zantaz
Deal Type Spin Off

Target

Persist Technologies

Pleasanton, California, United States
Persist makes software for data management of reference material.

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Seller(S) 1

SELLER

Zantaz

Pleasanton, California, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

ZANTAZ, Inc. operates in the archiving, e-Discovery, and proactive information risk management markets. It offers proactive information risk management solutions ranging from consolidated archiving of information sources, including email, IM, enterprise systems, and voice and video, to discovery and review, advanced eDiscovery, real-time policy management, and analytics based on a common platform, IDOL.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Spin Off M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-17 SteelPoint Technologies

Boston, Massachusetts, United States

SteelPoint is a rapidly growing information technology consulting firm that specializes in content management services and solutions, focused on the litigation support and compliance markets. The company's customers include Exxon, Fidelity Investments, John Hancock, Johnson & Johnson, and Shell Oil.

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