About This Deal

Microsoft Corporation acquired Connectix, a transaction completed in February 2003, structured as Asset acquisition of virtual-machine technology; completed February 18, 2003 (terms not disclosed).

Connectix operates in Windows Server Group and Macintosh Business Unit, is based in United States. Connectix was a U.S. developer of virtual-machine software, including Virtual PC for Windows and Mac and Virtual Server. Microsoft acquired the virtualization technology so customers could run legacy Windows applications while migrating to newer operating systems and consolidate servers.

Acquire a best-of-breed virtual-machine solution to let customers preserve legacy Windows applications while migrating to modern OS technology and consolidating servers.

Deal Terms

Acquirer
Microsoft Corporation
Target
Connectix
Value
Not disclosed
Date
February 2003
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Windows Server Group and Macintosh Business Unit
Structure
Asset acquisition of virtual-machine technology; completed February 18, 2003 (terms not disclosed)
Announced
February 19, 2003
Closed
February 18, 2003

In Their Words

Our customers told us they wanted a best-of-breed virtual machine solution that enables them to run their legacy Windows applications, even as they migrate to more modern operating system technology.Bill Veghte, Corporate Vice President, Windows Server Group, Microsoft

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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