Xconomy San Francisco

Funambol Acquires Zapatec for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b179c532-3b80-471c-abce-283a890d9142&Preview=1
Date
11/4/2009
Company Name
Zapatec
Mailing Address
1700 Martin Luther King Jr Way Berkeley, CA 94709-2114
Company Description
Zapatec (www.zapatec.com) is a leading provider of AJAX Web 2.0 solutions. Starting with simple AJAX widgets, through a full AJAX Suite and now a full blown Web 2.0 Email Client and Calendar, Zapatec provides increasingly complex desktop like solutions. Zapatec targets medium-to-large enterprise customers. includes HP, Boeing, Time Warner Cable, Toyoto, Oracle and Cartier.
Website
http://www.zapatec.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
Financial terms of the transaction were not disclosed.