Howard County’s AirPatrol Corp. acquired by Silicon Valley firm for up to $30M

April 21, 2014 – Baltimore Business Journal, Ryan McDonald.

AirPatrol Corp., a Howard County cyber security firm that focuses on wireless and mobile systems, has been acquired by a Silicon Valley company in a deal worth up to $30 million.

As part of the deal, Santa Clara, Calif.-based-Sysorex Global Holdings Corp. (NASDAQ:SYRX) paid $10 million in common stock and $10 million in cash for AirPatrol. An additional $10 million in cash and stock could be paid […]