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Computers M&A image Computers M&A » By The Online Investor Staff, updated Tue., Apr. 13, 8:36 AM Recent mergers and acquisitions in the Computers M&A category.

Slide #23. Overland Storage Tandberg Data

Acquirer: Overland Storage (OVRL)
Acquiree: Tandberg Data
Details: Overland Storage (NASDAQ: OVRL) and Tandberg Data Holdings S. r.l. today announced a definitive agreement for Overland to acquire Tandberg Data, a privately held global leader of data storage and data protection solutions that generated revenue for the twelve months ended June 30, 2013 of approximately $60 million on a US GAAP basis.

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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Company Name: 
Overland Storage, Inc.

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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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Computers M&A - Slide 23 of 68 Page |

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