Technology Mergers and Acquisitions Update April 2014 - page 3

2
April 2014
Announced M&A Transactions
Announced
Closed
Closed
March 25, 2014
March 25, 2014
February 19, 2014
Notes
Notes
Notes
Facebook has acquired 20-month old
virtual reality goggle startup Oculus
VR for $2.2 billion. As a part of
consideration, Facebook will pay
$400 million in cash and will issue
23.1 million shares of its common
stock.
Oculus's headset, called Rift, is a
visual device for playing videogames.
Facebook has plans to leverage its
technology for social media.
Synopsys has acquired Coverity from
Foundation Capital, Benchmark
Capital and others for approximately
$375 million in cash. Coverity
provides development testing
software including static code
analysis tools for C, C++, Java, and
C# to find defects and security
vulnerabilities in source code.
Ultra Electronics has acquired
3Phoenix for $70 million in cash plus
additional payments of up to $17
million. 3Phoenix is a leading
supplier of sonar, radar, intelligence,
surveillance and reconnaissance
products and solutions. Ultra, based
in the UK, is an international defense,
security, transport and energy
company that provides mission
critical support across a broad range
of platforms.
The McLean Group
advised 3Phoenix.
to acquire
has acquired
has acquired
Source: Public Filings; Industry Newswires and Capital IQ as of 3/26/14
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