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Amadeus Capital Partners sells stake in Quolos (oneDrum) to Yammer
[April 13, 2012]

Amadeus Capital Partners sells stake in Quolos (oneDrum) to Yammer

Apr 13, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Quolos Limited (trading as oneDrum), a portfolio company of the venture capital firm Amadeus Capital Partners Limited (ACPL), has been sold to Yammer, Inc., a US-based provider of online enterprise applications for employee communication.

Quolos is a UK-based software company that offers file sharing and collaboration solutions for businesses.

Deal Type Private Equity Sub-Category Exit Deal Status Completed: 2012-04-11 Deal Participants Target (Company) Quolos Limited Acquirer (Company) Yammer, Inc.


Vendor (Company) Undisclosed Investors* Deal Rationale With this transaction Yammer will gain powerful desktop sync capabilities, enabling file folders to be shared across multiple users' desktops.

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