Technology
Silicon Mechanics Inc Has Been Acquired by Source Code Corporation
Published August 28, 2018
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON – Meridian Capital LLC, a Seattle-based middle market corporate finance and M&A advisory firm is excited to announce that their client, Silicon Mechanics Inc. (Silicon Mechanics or “the Company”) has been acquired by Source Code Corporation, a leader in dedicated server appliance manufacturing, headquartered out of Massachusetts. Meridian Capital served as the exclusive financial advisor to the Company.
About Silicon Mechanics
Silicon Mechanics, founded in 2001, is a leading systems integrator and custom design manufacturer of servers, storage, and high-performance computing technologies. The Company, headquartered out of Bothell, WA, provides the expertise necessary to scale open technology throughout an organization, from building out HPC or storage clusters to the latest in virtualization, containerized services, plus more. The Company delivers its solutions to commercial enterprises, government organizations and the research market.
“This acquisition strengthens our position in a number of markets, further enhances our West Coast presence, and continues our aggressive program of building our businesses both through acquisition and organic growth. We are very excited to have the Silicon Mechanics team join our expanding business.”
Arthur Ataie, CEO
Source Code Corporation
“It was an honor to work with Silicon Mechanics and their management team. The leadership that was shown by Eva Cherry throughout this process was remarkable… We were also impressed by the Source Code team and what they have been able to accomplish as they continue to grow their business.”
Patrick Ringland, Principal & Managing Director
Meridian Capital
For more information, please contact:
President, Managing Director
About Meridian Capital
Meridian Capital LLC is a leading independent middle market M&A advisory firm with locations in Seattle, Salt Lake City, the Bay Area, and Portland. Meridian has served as a trusted advisor to business owners on complex corporate finance, M&A and strategic challenges for over 29 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution. With a unique combination of financial, transactional, and operational professionals on your side, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace defense & space, food, beverage & agribusiness, business services, consumer, diversified industrials, engineering & construction, building products, technology, and telecommunications. Meridian also offers clients unparalleled cross-border capabilities through its REACH M&A Partners network.
