Tech Company M&A Transactions
Packeteer Acquisition
Based in Cupertino, Packeteer was acquired by Blue Cod Technologies. The companies indicated that total deal value was $268 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/21/2008
Transaction Type
M&A
Amount
$268,000,000
M&A Terms
Blue Coat said it will pay for the acquisition using available cash and an $80 million convertible notes financing.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
10201 N. De Anza Boulevard
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Website
Email Address
Not Recorded
Overview
Packeteer, Inc., (NASDAQ: PKTR) is the global market leader in Application Traffic Management for wide area networks. Deployed at more than 7,000 companies in 50 countries, Packeteer solutions empower IT organizations with patented network visibility, control, and acceleration capabilities delivered through a family of intelligent, scalable appliances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dave Cote
Chief Financial Officer
David Yntema
VP - Engineering
Nelu
Mihai
VP - Human Resources
Greg Pappas
VP - Marketing
Alan Menezes
VP - Operations
Manuel. Freitas
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We report on every notable VC transaction. All VC database entries 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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