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Edgewater Funds' Haystax buys Digital Sandbox
Wednesday 17 April 2013

17 April 2013 – US private equity firm Edgewater Funds' portfolio company Haystax Technology Inc said it had acquired domestic software developer Digital Sandbox Inc for an undisclosed amount.

Digital Sandbox will operate as Digital Sandbox Inc, a Haystax Company, and will continue to be run by its co-founder, partner and president, Anthony Beverina. Bryan Ware, who is also a co-founder and partner of the company, has been named chief technology officer for Haystax Technology.

The addition of Digital Sandbox, which provides threat and risk analysis and monitoring software to federal, state and local agencies, extends Haystax' capabilities and product offering in the public safety, law enforcement and corporate security fields, the buyer said.
Date Published: 17/04/2013
Target: Digital Sandbox Inc
Country: USA
Sector: Computer software
Type: Corporate acquisition, LBO
Status: Closed
Vendor: Bryan Ware, Anthony Beverina
Buyer: Edgewater Funds, Haystax Technology Inc