Tech Company M&A Transactions

Clearwell Systems Acquisition

On 5/19/2011, Clearwell Systems was purchased by Symantec. The parties disclosed the acquisition price to be $410 million.

Transaction Overview

Company Name
Acquired By
Announced On
Transaction Type
M&A Terms
Symantec will acquire Clearwell for a purchase price of approximately $390 million, net of Clearwell's existing cash balance of approximately $20 million. Symantec expects this transaction to be one-and-a-half cents dilutive to non-GAAP earnings per share in fiscal year 2012.

Company Information

Company Status
Acquired or Merged
Enterprise IT
Mailing Address
441 Logue Ave.
Mountain View, CA 94043
Email Address
Clearwell Systems is transforming the way enterprises discover, organize and analyze the information across their corporate email systems. Clearwell enables business and IT executives to lower discovery costs, reduce fines, grow revenue and improve customer satisfaction.
Clearwell Systems LinkedIn Company Profile
Social Media
Clearwell Systems Company Twitter Account
Company News
Clearwell Systems News
Clearwell Systems on Facebook
Clearwell Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Aaref Hilaly
  Aaref Hilaly LinkedIn Profile  Aaref Hilaly Twitter Account  Aaref Hilaly News  Aaref Hilaly on Facebook
Chief Financial Officer
Anup Singh
  Anup Singh LinkedIn Profile  Anup Singh Twitter Account  Anup Singh News  Anup Singh on Facebook
Chief Technical Officer
Venkat Rangan
  Venkat Rangan LinkedIn Profile  Venkat Rangan Twitter Account  Venkat Rangan News  Venkat Rangan on Facebook
Vice President
Dean Gonsowski
  Dean Gonsowski LinkedIn Profile  Dean Gonsowski Twitter Account  Dean Gonsowski News  Dean Gonsowski on Facebook
VP - Bus. Development
Andy Byrne
  Andy Byrne LinkedIn Profile  Andy Byrne Twitter Account  Andy Byrne News  Andy Byrne on Facebook
VP - Engineering
Soumitro Tagore
  Soumitro Tagore LinkedIn Profile  Soumitro Tagore Twitter Account  Soumitro Tagore News  Soumitro Tagore on Facebook
VP - Marketing
Kamal Shah
  Kamal Shah LinkedIn Profile  Kamal Shah Twitter Account  Kamal Shah News  Kamal Shah on Facebook
VP - Sales
Trevor Eddy
  Trevor Eddy LinkedIn Profile  Trevor Eddy Twitter Account  Trevor Eddy News  Trevor Eddy on Facebook



Browse more venture capital transactions:

Prev: 5/19/2011: VuClip venture capital transaction
Next: 5/19/2011: Jibe venture capital transaction


Share this article


News on VC Transactions

We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary