Siris Capital acquires Stratus Technologies for $352mln

Stratus Technologies, a provider of availability solutions, has been acquired by Siris Capital Group for around $352 million. Jefferies LLC served as exclusive financial advisor to Stratus and Gibson Dunn & Crutcher LLP acted as legal counsel to Stratus. Wells Fargo Securities, LLC and Macquarie Capital Inc acted as M&A advisors to Siris and Simpson Thacher & Bartlett LLP acted as legal advisor to Siris.

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