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ACQUIRED COMPANY
 
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Transitive Technologies  Acquired by IBM (2008  amount undisclosed )

718 University Avenue #200
Los Gatos, CA 95032
USA
(408)-399-6611
Website Company Summary Management Team
Management

Technology: Henry Nash (07/08/2005) ; Martyn Spink (2003)
Board

Outside board: (May no longer be on the board) Richard Young (Manchester Technology Fund Managing Director) J Peter Wagner (Accel) John Borchers (Crescendo Ventures General Partner) G Carl Everett (Accel Partner) Richard Irving (Pond Ventures General Partner)
Advisory board: Paul Madera (Meritech Capital Partners Managing Director) Mendel Rosenblum (VMware Chief Scientist) Hans Van Rietschote (Veritas Technologies Director of Advanced Technology) Ashfaq Munshi (Radiance Technologies CEO/Chairman) John Mashey (Consultant for Venture Capitalists)
Former outside board: Steve Furber (University of Manchester Professor) Peter Van Cuylenburg (Elixent Ltd)
Company

Business description: Transitive is a pioneer and leader in providing solutions that allow the transportability of software applications across multiple hardware platforms. The company’s QuickTransit hardware virtualization solution allows software applications that have been compiled for one processor/operating system to run on another without any source code or binary changes and at speeds comparable to native ports. QuickTransit allows data center managers to transport legacy enterprise applications quickly and easily from outdated, proprietary hardware to modern, industry-standard platforms without incurring the costs and delays of porting projects, and with no disruption to end users. QuickTransit also facilitates computer companies’ migration to new hardware platforms; dramatically reduces software developers’ cost, risk, and time-to-market in supporting multiple hardware platforms; and makes significantly more software available for more hardware platforms. QuickTransit technology provides the engine for Apple’s Rosetta translation software and is currently shipping on all of Apple’s Intel-based computers.
Customers include: AppleIBMIntelSilicon Graphics;  King’s College Hospital ;  Luxembourg Stock Exchange ;  Ocado
Partners include: Advanced Micro Devices AppleHitachi America IntelNovell Silicon Graphics;  Fujitsu Siemens Computers
Capital

Rounds: 3
Recent Fundings: Sep 2004   Mar 2003
Capital raised: 13.0M
Last Round: 11.5M
Ownership: Acquired by IBM (2008  amount undisclosed )
VCs include: AccelCrescendo VenturesMeritech Capital Partners;  Pond Ventures;  Manchester Technology Fund;  Wing Venture Capital

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Overview
Record updated: Nov 2008
Sector: Software
Year Founded: 2000
Headcount: 51-75 as of Jul 2003
Rounds: 3
Recent Fundings: Sep 2004   Mar 2003
Capital Raised: 13.0M
Last Round: 11.5M
Ownership: Acquired by IBM (2008  amount undisclosed )