Computers M&A » By The Online Investor Staff, updated Sat., Jan. 23, 8:34 AM
Recent mergers and acquisitions in the Computers M&A category.
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Slide #14. Overland Storage — Tandberg Data
Acquirer:
Overland Storage (OVRL)
Acquiree:
Tandberg Data
Details:
Overland Storage (NASDAQ: OVRL), a trusted global provider of unified data management and data protection solutions across the data lifecycle, today announced that it has filed with the Securities and Exchange Commission definitive proxy materials in connection with its previously announced definitive agreement to acquire Tandberg Data Holdings S.a.r.l. ("Tandberg").
Overland Storage is a provider of unified data management and data protection solutions. Co. develops and delivers a set of products and services for storing data throughout the organization. Co.'s products include its SnapScale™ clustered network attached storage products; SnapServer® products, which are unified network attached storage servers; and SnapSAN® products, which are storage area network arrays. These solutions are available with backup, replication, and mirroring software, and they provide disk-based data protection to protect data for both continuous local backup and remote disaster recovery. Co.'s NEO Series®, StorageLoader®, and StorageLibrary® are tape library solutions.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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