SGI Acquires Assets of Copan Systems

February 22, 2010

SGI (Silicon Graphics International) has purchased substantially all assets of Copan Systems for approximately $2 million in cash, assuming a limited number of liabilities and no debt. The acquisition expands SGI's storage portfolio by adding Copan's scalable, energy-efficient MAID persistent data platform and SGI intends to retain Copan's Longmont, Colorado office and hire select employees.

Buyers
SGI (Silicon Graphics International)
Targets
Copan Systems
Sellers
Copan Systems
Industry
IT Services
Location
Colorado, United States
Transaction Type
Buyout

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