Riding the M&A wave: Flurry of deals hit Austin, especially tech sector
Austin-based Spanning Cloud Apps LLC was acquired Oct. 1 by Kaseya Ltd., an IT infrastructure management company headquartered in Dublin, Ireland. Financial terms were not disclosed. Launched in 2010, Spanning Cloud Apps offers backup services for companies such as Salesforce.com Inc. Jeff Erramouspe was CEO of the startup from November 2013 until March of this year, according to his LinkedIn page.
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