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Announced

Intel to acquire Rivet Networks.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Pending

networking products

Acquisition

Single Bidder

IT Services: Other

Friendly

United States

data networking products

Private

Synopsis

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Intel agreed to acquire Rivet Networks, a technology and products company focused on creating networking experience. Financial terms were not disclosed. "Rivet Networks is a terrific complement to our existing Wi-Fi products and helps us further our vision of delivering PC platforms that power every person’s greatest contribution. Rivet Networks’ products deliver speed, intelligence and control for gamers and performance users. Its products maximize Wi-Fi bandwidth utilization and optimize the wireless network connection on your platform. In addition, Rivet Networks’ products can also utilize the combination of Ethernet and Wi-Fi to prioritize traffic over both connections," Intel.

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