SagePoint Advises Continuous Computing on its Sale to RadiSys for up to $120M in Cash & Stock
San Diego, CA - May 3, 2011 - SagePoint Advisors announced today that it advised Continuous Computing on
its sale to RadiSys for up to $120 million in cash and stock. "Having an experienced M&A advisor such as
SagePoint on our team was invaluable to us. They really took the time to understand our business and evaluate
all of the opportunities and strategic implications of this transaction. SagePoint did a great job." said Mike
Dagenais, President & CEO of Continuous Computing.
Consideration for the acquisition is comprised of approximately $73 million in cash, funded with cash on hand,
and 3,666,667 shares of RadiSys common stock. Assuming a stock closing price on May 2, 2011 of $8.69 the
stock consideration represents $32 million. In addition to the consideration payable at closing, RadiSys will make
earn-out payments based on revenues generated by a specified set of Trillium products over a three year period
following the closing of the acquisition. In lieu of the earn-out payments, RadiSys has the right to make a
one-time payment of cash and/or RadiSys shares with a combined aggregate value of $15 million up to 18
months after the closing date.
For more information on RadiSys' acquisition of Continuous Computing, please visit:
RadiSys Announces Definitive Agreement to Acquire Continuous Computing.pdf
About SagePoint Advisors
SagePoint Advisors is a boutique investment banking firm providing merger, acquisition and strategic advisory
services to technology and telecom companies and their venture backers. SagePoint delivers the senior-level
attention, trusted relationships and market insight on $20-150 million transactions that other investment banks
reserve only for much larger transactions. For more information, please contact:
David Michaels
Managing Director & Founder
SagePoint Advisors LLC
Office: (858) 926-5950
Mobile (858) 761-4847
dmichaels@sagepointadvisors.com