Tech Company M&A Transactions
WhereNet Acquisition
Operating out of Santa Cruz, WhereNet was bought by . said the transaction price was $126 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/11/2007
Transaction Type
M&A
Amount
$126,000,000
M&A Terms
Zebra Technologies Corporation (NASDAQ: ZBRA) today announced that it
has agreed to acquire all of the shares of WhereNet Corp., a leading global provider of active radio frequency
identification (RFID) based wireless solutions to track and manage enterprise assets, for $126 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
2858 De La Cruz Blvd.
Santa Cruz, CA 95050
USA
Santa Cruz, CA 95050
USA
Phone
Website
Email Address
Not Recorded
Overview
WhereNet is a recognized leader in the Logistics Visibility and Control (LV&C) market that, according to ARC Advisory Group, is a form of Supply Chain Event Management (SCEM) focused specifically on logistics processes. According to a 2004 study, ARC sees the LV&C market as growing rapidly and is projected to rise to $500 million by the end of 2008.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Doles
Browse more venture capital transactions:
Prev: 1/10/2007: AdmitOne Security venture capital transaction
Next: 1/11/2007: InteKrin Therapeutics venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs