Tech Company M&A Transactions
GoRemote Internet Communications Acquisition
GoRemote Internet Communications was acquired by iPass. The acquisition occurred on 12/12/2005. The acquisition price was $76.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/12/2005
Transaction Type
M&A
Amount
$76,500,000
M&A Terms
iPass Inc. (Nasdaq: IPAS), and GoRemote Internet Communications, Inc. (Nasdaq: GRIC), leading providers of enterprise broadband services, today announced an agreement for iPass to acquire GoRemote in an all-cash transaction valued at approximately $76.5 million.
Company Information
Company Status
Acquired or Merged
Industry
Communications
Mailing Address
1421 McCarthy Blvd
Milpitas, CA 95035
USA
Milpitas, CA 95035
USA
Phone
Website
Email Address
Not Recorded
Overview
GoRemote Internet Communications Inc. is a leading provider of secure & managed broadband network services to large and mid-size distributed enterprises and service providers worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Thimot
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