Avocent acquires 2C Computing for $22.8 million

Avocent Corporation today announced that it signed a definitive agreement to acquire 2C Computing for approximately $22.8 million in cash.

Avocent Corporation today announced that it signed a definitive agreement to acquire 2C Computing Incorporated for approximately $22.8 million in cash.

The acquisition is subject to the approval of 2C’s shareholders and is expected to close on or before August 20, 2002.

2C has developed digital extension technology that provides a hybrid solution for distributed or managed PCs, referred to as ‘Split Client’ architecture.

A Split Client PC is a standard PC that has ‘split’ the user interface portion, up to 100 metres away, from the computing resource, allowing for centralisation of all PCs within one location.

2C licensed the base technology from Avocent in early 2000 and recently began shipping its first product.