Cloverleaf Networks Acquires Ryver
October 18, 2022
Scottsdale-based Cloverleaf Networks has acquired Ryver, a workforce collaboration and team messaging platform, in an all-cash transaction to integrate collaboration, AI and IoT functionality into Cloverleaf’s connectivity, cybersecurity and SD‑WAN offerings. The deal makes Cloverleaf the 100% owner of Ryver and aims to create a top-to-bottom "wire-to-workgroup" technology stack for business customers, with planned platform enhancements for voice, video, AI and IoT.
- Buyers
- Cloverleaf Networks
- Targets
- Ryver
- Industry
- Cloud & SaaS
- Location
- Arizona, United States
- Transaction Type
- Buyout
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