Cloudyn has been acquired by Microsoft
|Deal Type||Mergers & Acquisitions|
|Client & Transactional Partners||
|Our Role||Exclusive Financial Advisor|
On June 29, 2017, the KeyBanc Capital Markets (“KBCM”) Technology Group successfully advised on the sale of Cloudyn Software Ltd. (“Cloudyn” or “the Company”) to Microsoft Corporation (NASDAQ: MSFT or “Microsoft”). The acquisition fits in with Microsoft’s commitment to empower customers with the tools they need in order to govern cloud adoption and realize the strategic benefits of a global, trusted, intelligent cloud. The terms of the transaction were undisclosed, and the closing of the transaction occurred in July 2017, after regulatory approval.