Thursday, March 25, 2010
Excel Meridian Data Acquired By Private Equity Firm
Dallas-based Excel Meridian Data, a provider of computer data storage products, has been acquired by private equity firm Shackleton Equity Partners. Financial terms of the buy were not disclosed. Excel Meridian Data provides SCSI, NAS, Fibre Channel, and iSCSI hardware for the education, gaming, government, and video surveillance industries. Excel Meridian Data said the investment will allow it to expand its storage hardware and software offering to customers. As part of the buy, Ryan D. Roberts has been renamed CEO of the firm.