Tech Company M&A Transactions
Serus Acquisition
Operating out of Santa Clara, Serus was acquired by E2open. The transaction price was $26 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/5/2014
Transaction Type
M&A
Amount
$26,000,000
M&A Terms
E2open, the leading provider of cloud-based solutions for collaborative planning and execution across global trading networks, today announced the acquisition of SERUS Corporation, a market leader in extended supply chain management (SCM) for high tech companies, for approximately $18.5 million at closing (comprised of approximately $14.5 million in cash and $4.0 million in E2open common stock), with up to an additional $7.5 million in cash contingent upon the achievement of certain revenue-related financial performance milestones.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
5201 Great America Parkway 422
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
A leader in intelligent, collaborative value-chain solutions, Serus is a configurable software that enables companies to integrate business processes and rule drivers among trading partners to achieve common production goals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hari Menon
Chief Technical Officer
Geoff Annesley
VP - Finance
Robert Gunn
VP - Product Management
Rohit Thukral
VP - Sales
Al Powell
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