M&A Deal Summary

BT Group Acquires Radianz Americas

On April 29, 2005, BT Group acquired internet software and services company Radianz Americas from Reuters Group for 175M USD

Acquisition Highlights
  • This is BT Group’s 1st transaction in the Internet Software and Services sector.
  • This is BT Group’s 3rd largest (disclosed) transaction.
  • This is BT Group’s 3rd transaction in the United States.
  • This is BT Group’s 1st transaction in New York.

M&A Deal Summary
Date 2005-04-29
Target Radianz Americas
Sector Internet Software and Services
Buyer(s) BT Group
Sellers(s) Reuters Group
Deal Type Divestiture
Deal Value 175M USD

Target

Radianz Americas

New York, New York, United States
website
Radianz is the leading provider of secure, reliable, and scalable connectivity to the global financial community. The Company's shared market infrastructure is a neutral platform that provides turnkey access to a broad array of pre-trade, trade, and post-trade applications from leading content and service providers across the straight-through processing (STP) chain.

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Buyer(S) 1

Buyer

BT Group

London, United Kingdom

website

Category Company
Founded 1980
Sector Communications
Employees98,400
Revenue 20.9B GBP (2022)
DESCRIPTION

BT Group is a provider of telecommunications networks and services in the UK. We are now an established global communications company serving customers in more than 170 countries. BT Group was founded in 1980 and is based in London, United Kingdom.

DEAL STATS #
Overall 4 of 21
Sector (Internet Software and Services) 1 of 2
Type (Divestiture) 1 of 3
State (New York) 1 of 1
Country (United States) 3 of 7
Year (2005) 2 of 3
Size (of disclosed) 3 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Electronic manufacturing division/ BT Group

United Kingdom

Eectronics manufacturing division, an electronic manufacturing services (EMS) business of BT Group Plc.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-04 Skynet Information System

Sri Lanka

Skynet Information Systems (Private) Limited has established itself as one of the leading software development companies in the country with over 100 customers worldwide

Buy -

Seller(S) 1

SELLER

Reuters Group

London, United Kingdom

website

Category Company
Sector Information Services
DESCRIPTION

Reuters is a global provider of financial information.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-18 Factiva

New York, New York, United States

Factiva is a provider of global business content, research products and services to global enterprises mainly in the finance, corporate, professional services and government sectors. It is headquartered in New York, NY, and has substantial business operations in Princeton, NJ.

Buy -
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