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Acquirer: Cisco Systems, Inc.
Target: Cloupia, Inc.

Deal Details

Merger Record
ACQUISITION DETAILS
  • Announced
    November 15, 2012
  • Completed
    December 10, 2012
  • Acquirer
    Cisco Systems, Inc.
  • Target
    Cloupia, Inc.
  • Deal Type
    Acquisition
  • Ownership
    100%
  • Transaction Value
    $125,000,000
  • Enterprise Value
    $125,000,000
  • Implied Company Value
    $125,000,000
  • Summary
    $125m in cash and retention-based incentives. Source: Acquirer press release, 11/15/12.
  • Rationale
    "Not surprisingly given its networking heritage, Cisco's datacenter strategy is built on the premise that customers want to treat their infrastructure as a single, addressable fabric. To that end, the company recently added vCider's virtual network controller, newScale's service catalog and LineSider Technolgies' policy-based management to its arsenal. By providing an automated layer on top, Cloupia should help Cisco's customers move more easily into cloud-like environments." Source: 451 Research, 11/15/12.

    "Cloupia's infrastructure management software enhances Cisco's Unified Computing System® (UCS) and Nexus® switching portfolio with a single "pane-of-glass" view into the automation of compute, network, storage, virtual machine, and operating system resources." Source: Acquirer press release, 11/15/12.
DEAL CURRENCY
  • Cash
    $125,000,000
  • Cash Percentage
    100%
DEAL METRICS
  • Enterprise Value as Multiple of:
    • TTM Revenue
      6.3x
  • Deal Value Per:
    • Employee
      $2,314,815
    • Corporate Customer
      $4,629,630
 
Target
TARGET OVERVIEW
  • Target
    Cloupia, Inc.
  • Stock Symbol
    None: Private
  • Total Employees
    54
  • Address
    4655 Old Ironsides Dr. Ste. 270 Santa Clara, California 95054  USA
  • Founded
    2009
  • Theme
    Cloud Computing
  • Vertical Market
    General
  • Primary Audience
    Business
  • Revenue Model
    License
  •  
  • Corporate Customers
    27
  •  
  • Overview Notes
    Cloupia employees will be integrated into Cisco's Data Center Group. Source: Acquirer press release, 11/15/12. Employees, corporate customers. Source: 451 Research, 8/2/12.
  • Abstract
    Cloud provisioning & management software
  • Summary
    Provides private and public cloud computing environment provisioning, monitoring, process automation and management software for businesses globally.
  • Primary Category
    Infrastructure management / Systems management / Provisioning & capacity management
  • See Also
    Infrastructure management / Systems management / Process automation
TARGET FINANCIALS
  • TTM Revenue
    $20,000,000*
  •  
  • $20m in estimated revenue for TTM ended 9/30/12. Source: 451 Research, 5/17/13.
TARGET FUNDING
  • Venture Backed
    Yes
  • Known Investors
    Angel Investors (unknown)
 
Acquirer
ACQUIRER OVERVIEW
  • Acquirer
    Cisco Systems, Inc.
  • Stock Symbol
    NASDAQ : CSCO
  • Address
    170 W Tasman Dr. San Jose, California 95134  USA
  • Founded
    1984
  • Vertical Market
    General
  • Primary Audience
    Business
  • Revenue Model
    Fees
  •  
  • Abstract
    Networking hardware & software provider
  • Summary
    Provides a broad range of networking hardware and software, including switches, routers, application controllers, videoconferencing and unified communications systems, access points, physical security systems, and business telephones. Also provides network integration services.
  • Primary Category
    Enterprise networking / WANs / General
  • See Also
    Enterprise networking / Videoconferencing and telepresence
    Enterprise networking / Network performance & management / Datacenter communications accelerators
    Enterprise networking / Network performance & management / General
    Enterprise networking / Premises networks / General
    IT services & distribution / Network integration