About This Deal
Dell Technologies acquired Credant Technologies, Inc. (within ~$5.0B Fiscal 2013 total), a transaction completed in December 2012, structured as all cash.
Credant Technologies, Inc. operates in Data encryption & endpoint security, is based in Addison, Texas, USA. Dell acquired Credant Technologies, a provider of data-protection and encryption software for endpoints, to strengthen Dell's data-security portfolio (later Dell Data Protection). Disclosed among Dell's Fiscal 2013 acquisitions.
Integrated into Dell's security/data-protection portfolio (Dell Data Protection | Encryption).
Deal Terms
Acquirer
Dell Technologies
Target
Credant Technologies, Inc.
Value
Within ~$5.0B Fiscal 2013 total
Date
December 2012
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
Addison, Texas, USA
Segment
Data encryption & endpoint security
Structure
All cash
Announced
December 20, 2012
Closed
December 20, 2012
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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