Mirus completes valuation engagement for Emulex

On December 8, 2000, Emulex announced its intention to acquire Giganet for $645 million.  Giganet, a privately-held developer of Internet-based storage networking equipment, was owned by a group of individual investors, of which some 20 did not meet the NASD criteria as “accredited investors”.  The shareholder group was required to engage a financial advisor before the deal could be completed. Mirus Capital Advisors was engaged by the Giganet shareholders, and provided a valuation opinion.

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.