Tech Company M&A Transactions
Infrant Technologies Acquisition
Infrant Technologies, based in Fremont, was bought by Netgear. Netgear said the transaction price was $60 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/3/2007
Transaction Type
M&A
Amount
$60,000,000
M&A Terms
Under the terms of the agreement, NETGEAR will pay $60 million in cash for Infrant. Infrant shareholders may receive a total additional payout of up to $20 million in cash over the three years following closure of the acquisition if specific revenue targets are reached.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
3065 Skyway Court
Fremont, CA 94539
USA
Fremont, CA 94539
USA
Phone
Website
Email Address
Overview
Infrant Technologies (www.infrant.com) is dedicated to bringing enterprise-level storage technology to the masses at affordable prices. The company offers a host of network attached storage (NAS) products and technologies for small businesses, consumers and makers of storage appliances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Tien
Browse more venture capital transactions:
Prev: 5/3/2007: AVEO Oncology venture capital transaction
Next: 5/3/2007: RedSeal venture capital transaction
Share this article
Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs