M&A Deal Summary

CherryRoad Technologies. Acquires Superb Internet Technologies

On May 20, 2019, CherryRoad Technologies. acquired internet software and services company Superb Internet Technologies

Acquisition Highlights
  • This is CherryRoad Technologies.’s 1st transaction in the Internet Software and Services sector.
  • This is CherryRoad Technologies.’s 2nd transaction in the United States.
  • This is CherryRoad Technologies.’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2019-05-20
Target Superb Internet Technologies
Sector Internet Software and Services
Buyer(s) CherryRoad Technologies.
Deal Type Add-on Acquisition

Target

Superb Internet Technologies

Honolulu, Hawaii, United States
website
Superb Internet Technologies, Inc. is a provider of cloud hosting and Infrastructure-as-a-Service (IaaS) services to global clients, worldwide. Superb was the first provider to deliver commercial, name-based virtual hosting and rapidly pioneered the first commercially available Virtual Private Server (VPS) service, which is the predecessor of today’s Cloud services.

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Buyer(S) 1

Buyer

CherryRoad Technologies.

Morris Plains, New Jersey, United States

website

Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Nearly three decades ago, CherryRoad Technologies Inc. set out to perform system integration services that not only elevated the benchmark in the consulting landscape, but that also set a precedent by focusing on the importance of customer satisfaction.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Hawaii) 1 of 1
Country (United States) 2 of 3
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-28 Strategic Information Solutions - E-Business and Cloud Activities

United States

Strategic Information Solutions - E-Business and Cloud Activities is a provider of IT services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Infosemantics

Flower Mound, Texas, United States

Infosemantics is a professional consulting services company that delivers enterprise digital solutions including the Oracle E-Business Suite, Cloud Applications, Data Management solutions focused on BI/Analytics, and Data Warehousing, leveraging a broad technology portfolio including Oracle, Teradata, and Snowflake. Infosemantics was founded in 2001 and is based in Flower Mound, Texas.

Buy -
Mergr

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