Los Altos-Based Cap Epsilon Seeking Buyer for Mobile Software Firm

Los Altos, Calif. -- Cap Epsilon, a Los Altos-based developer of software that lets mobile professionals access files from their office computers from any web-enabled phone, said on Friday that it has retained Sherwood Partners to help it seek out a potential buyer. The company, founded in January 2004, said that combining with an established player "will maximize the potential for the technology and four patents that the company has applied for." Cap Epsilon has made a pair of acquisitions in its brief history. In 2004, the company acquired a storage area network firm, eventually licensing its storage management software to a public company for $2 million. The company then acquired a search engine development company and started development on its pattern matching search technology. Michael Darnaud, the former vice president of sales and business development at Kenai Systems, took over as CEO in December. Interested parties should contact Darnaud at mdarnaud@capepsilon.com.
http://www.capepsilon.com/