M&A Deal Summary

Pegasystems Acquires 1mind

On January 29, 2002, Pegasystems acquired software company 1mind for 4M USD

Acquisition Highlights
  • This is Pegasystems’ 1st transaction in the Software sector.
  • This is Pegasystems’ largest (disclosed) transaction.
  • This is Pegasystems’ 1st transaction in the United States.
  • This is Pegasystems’ 1st transaction in New Hampshire.

M&A Deal Summary
Date 2002-01-29
Target 1mind
Sector Software
Buyer(s) Pegasystems
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

1mind

Concord, New Hampshire, United States
1mind Corp. is a privately held company and recognized provider of CRM and e-business solutions for healthcare payer and insurance companies.

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Buyer(S) 1

Buyer

Pegasystems

Cambridge, Massachusetts, United States

website

Category Company
Founded 1983
Sector Software
Employees5,776
Revenue 1.3B USD (2022)
DESCRIPTION

Pegasystems is a developer of software application services. Pegasystems was founded in 1983 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 1 of 10
Sector (Software) 1 of 7
Type (Add-on Acquisition) 1 of 10
State (New Hampshire) 1 of 1
Country (United States) 1 of 7
Year (2002) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-21 Chordiant Software

Cupertino, California, United States

Chordiant Software, Inc. provides software and services that allow customer call centers, specifically customer service representatives, to conduct a customized quality interaction with a customer.

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