Tech Company M&A Transactions
Nine Systems Acquisition
Based in San Diego, Nine Systems was acquired by Akamai Technologies. Deal value was $160 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/20/2006
Transaction Type
M&A
Amount
$160,000,000
M&A Terms
Under terms of the agreement, Akamai will acquire all of the outstanding common stock, preferred stock, and vested and unvested stock options of Nine Systems by issuing approximately 3.1 million shares of Akamai common stock and approximately $7 million in cash, subject to certain closing adjustments.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
10509 Vista Sorrento Parkway 200
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Not Recorded
Overview
Headquartered in San Diego, CA, Nine Systems helps today's best-known companies broadcast audio and video over the Internet and wireless easily, affordably and reliably.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Troy Snyder
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We report on every notable VC transaction. 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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