Carasent — M&A Activity 2015

Sep 9, 2015

Apptix Sells Public Cloud Business

Apptix Sells Public Cloud Business

Apptix® (OSE: APP), the premier provider of managed

and hosted solutions, today announced it sold the

majority of its public cloud customers to

GoDaddy.com, LLC (NYSE: GDDY), the world's largest

technology provider dedicated to small businesses.

The transaction was completed for approximately USD

22.5 million in cash at closing, plus up to a

maximum of USD 16.0 million of additional earn out

consideration, of which the Company expects to

achieve up to 50%.

For further details, please see attached full

announcement.