Tech Company M&A Transactions
PI Acquisition
On 2/21/2008, PI was acquired by EMC. The companies did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
2/21/2008
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition of Pi will be an all-cash transaction and is expected to be completed in the first quarter of 2008. On a GAAP basis, EMC currently expects the acquisition of Pi will be dilutive by $.01 per diluted share in 2008. No further details of the transaction are being disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
615 Second Avenue 280
Seattle, CA 98104
USA
Seattle, CA 98104
USA
Phone
Website
Email Address
Overview
PI is working on next generation software environment, that will allow users to create, repurpose, store, share and access personal information in novel ways. PI expects to release its software in both free (open source) and licensed forms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Maritz
Founder
Adam Back
Founder
Amitabh Mehta
Founder
Alexis Smirnov
Founder
Michael Winser
Vice President
Kornel Marton
Vice President
Max Montreal
Vice President
Luis Talavera
Vice President
Mark Vengerov
VP - Engineering
Arathi Kundapur
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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