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Announced

Completed

Virtuozzo completed the acquisition of Onapp for £30m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

software

Software

Private

Completed

Friendly

Single Bidder

Acquisition

Cross Border

Majority

Synopsis

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Virtuozzo, a software company that develops virtualization and cloud management software for cloud computing providers, managed services providers, and internet hosting service providers, completed the acquisition of OnApp, a UK-based software company, for £30m. “Virtuozzo’s primary expertise has traditionally been in high-density server virtualization and software-defined storage. We have successfully expanded over the last few years into hyperconverged infrastructure as it is crucial to the market’s evolution.” Alex Fine, Virtuozzo CEO.

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