M&A Deal Summary

Axway Acquires Systar SA

On March 24, 2014, Axway acquired software company Systar SA for 34M EUR

Acquisition Highlights
  • This is Axway’s 2nd transaction in the Software sector.
  • This is Axway’s 3rd largest (disclosed) transaction.
  • This is Axway’s 1st transaction in France.

M&A Deal Summary

Date 2014-03-24
Target Systar SA
Sector Software
Buyer(s) Axway
Deal Type Add-on Acquisition
Deal Value 34M EUR

Target

Systar SA

Saint Cloud, France
Systar is a publisher of operational performance management software which enables companies to maximize the effectiveness of their business activities and IT infrastructure, thereby helping them to become more proactive by anticipating problems, reducing risk factors and increasing their market share.

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Buyer(S) 1

Buyer

Axway

Scottsdale, Arizona, United States

Category Company
Founded 2000
Sector Software
Employees1,525
Revenue 319M EUR (2023)
DESCRIPTION
Axway's corporate headquarters in Phoenix, Arizona.
Axway's corporate headquarters in Phoenix, Arizona.

Axway is a provider of enterprise integration, security, and technology solutions. The Company offers a variety of managed file transfer solutions for business-to-business (B2B) needs. Axway was founded in 2000 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 4 of 9
Sector: Software M&A 2 of 5
Type: Add-on Acquisition M&A Deals 4 of 8
Country: France M&A 1 of 2
Year: 2014 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-28 Vordel

Dublin, Ireland

Vordel provides solutions to enable the development, usage, management, and governance of Service Oriented Architectures extending inside and outside the enterprise via the use of API-based products and services, allowing enterprises to deliver APIs to cloud, mobile, and partners. The Vordel API Server is an enterprise-ready, unified API platform to manage, deliver and secure APIs. Vordel has global enterprise customers including banking, healthcare, insurance, manufacturing, media, pharmaceutical, telecoms, utility and government organisations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-18 Appcelerator

Mountain View, California, United States

Appcelerator, Inc. is a mobile engagement platform provides mobile software applications.

Buy -