InfoLibria Licenses CDN Technology to ITWorx
Boston, MA, Jan 28, 2003 – Mirus Capital Advisors announced today that it has advised InfoLibria, Inc, a leading provider of software for content delivery networks, on the sale of a license for its CDN technology to ITWorx. Terms of the deal were not disclosed.
InfoLibria had announced in October that the Company had retained Mirus to explore strategic alternatives for its business, and Mirus succeeded in bringing several interested buyers to the Company, selling a non-exclusive License to ITWorx and selling the business assets to Certeon.
InfoLibria’s software and infrastructure made it easy, cost-effective, and secure for corporations, government agencies, and educational institutions to improve employee productivity and overall business processes by enabling a wide array of media-centric applications such as online corporate training, communications, on-the-job reference material provision, and network-based distance learning and education.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations and valuations. For additional information, visit www.merger.com.Back to Transactions