Tech Company M&A Transactions
NexGen Storage Acquisition
NexGen Storage was acquired by Fusion-io. The transaction was announced on 4/24/2013. The acquisition price was $119 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/24/2013
Transaction Type
M&A
Amount
$119,000,000
M&A Terms
Fusion-io paid approximately $114 million in cash and approximately $5 million in stock for all of the outstanding stock, warrants and vested equity awards of NexGen, subject to the adjustments and escrow and other provisions set forth in the agreement among the parties. In addition, Fusion-io assumed all unvested NexGen employee equity awards.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
361 Centennial Parkway 230
Louisville, CO 80027
USA
Louisville, CO 80027
USA
Phone
Website
Email Address
Overview
NexGen Storage delivers the industry's first SAN solutions with configurable, deterministic performance and Quality of Service (QoS) for virtual server environments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Spiers
Chief Financial Officer
Pat Benner
Chief Technical Officer
Kelly Long
VP - Marketing
Chris McCall
VP - Sales
Rick Merlo
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