Sphere 3D Corp. (ANY): Sphere 3D Signs Definitive Agreement to...

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Thursday, 01/19/2017 10:14:34 AM

Thursday, January 19, 2017 10:14:34 AM

Sphere 3D Signs Definitive Agreement to Acquire HVE and Unified ConneXions
http://sphere3d.com/sphere3d-hve-ucx-agreement/
Transaction Highlights
The combined virtualization revenue of HVE and UCX represented over $7 million for calendar year 2016.
Will help accelerate Company’s path to profitability
Expected to be accretive in first quarter of 2017
Will expand virtualization market share in education, healthcare and other key verticals
Will add significant engineering talent to support channel partners and customers through advanced professional services and support capabilities

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