Source: 4-TRADERS

DriveFactor: Safeguard Scientifics : Partner Company DriveFactor Acquired

(4-traders.com) WAYNE, Pa., April 22, 2015 /PRNewswire/ -- Safeguard Scientifics, Inc. (NYSE: SFE) today announced that its partner company, DriveFactor, Inc., was acquired by an undisclosed strategic buyer for approximately $22 million. Safeguard expects to receive cash proceeds of approximately $10 million, representing an approximate 2x cash-on-cash...http://www.4-traders.com/SAFEGUARD-SCIENTIFICS-IN-14357/news/Safeguard-Scientifics--Partner-Company-DriveFactor-Acquired-20239573/

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
Steve McKay's photo - CEO of DriveFactor

CEO

Steve McKay

CEO Approval Rating

70/100

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