Company Name SevOne
Mailing Address 4550 New Linden Hill Rd. Wilmington, DE 9808
Company Description SevOne offers scalable, easy to use Network Management products. Integrating performance and fault management in an easy to install and maintain appliance, SevOne brings low TCO and high ROI to companies of all sizes and industries. Designed by network engineers for network engineers, SevOne NMS offers the advanced features you needed to manage today’s complex infrastructure coupled with the ease of use to make your job easier.
Proceeds Purposes The gross amount of the transaction was $150 million, but company CEO Michael Phelan said that much of the cash will buy out existing investments in the company. Therefore, the amount of new investment is unknown.