Computers M&A » By The Online Investor Staff, updated Fri., Apr. 19, 11:46 AM
Recent mergers and acquisitions in the Computers M&A category.
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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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