Agilysys acquires Stack Computer, Inc.

Agilysys acquired Stack Computer, Inc. for approximately $25.2 million, a transaction completed in April 2007, structured as all cash.

Stack Computer, Inc. operates in IT solutions & storage (since divested), is based in West Coast, United States. Agilysys acquired Stack Computer, a technology integrator focused on high-availability storage solutions with a significant EMC relationship and west-coast customers in financial services, healthcare and manufacturing. The deal strengthened the enterprise storage and professional-services business that Agilysys later divested as it became a hospitality-software pure play.

Expanded Agilysys's existing storage and professional-services business.

Deep high-availability storage expertise and an established EMC partnership. Technology solutions business (later divested)

On April 2, 2007, the company acquired all of the shares of Stack Computer, Inc. ... a technology integrator with a strong focus in high availability storage solutions. Stack was acquired for a total acquisition cost of $25.2 million.Agilysys FY2008 10-K, Business Combinations note

Advisory firms were not disclosed for this transaction.

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