Announced
Completed
Webscale completed the acquisition of Section.io.
Financials
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Majority
United States
software company
Software
Acquisition
Domestic
Private
Single Bidder
Friendly
Completed
Synopsis
Webscale, a software company, completed the acquisition of Section.io, a trailblazer in edge-native computing. Financial terms were not disclosed. “The acquisition of Section.io by Webscale signifies a pivotal moment in cloud-native computing,” Gary Schofield, Webscale CEO.
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