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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