M&A Deal Summary

ClickSoftware Technologies Acquires Xora

On February 18, 2014, ClickSoftware Technologies acquired internet software and services company Xora for 15M USD

Acquisition Highlights
  • This is ClickSoftware Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is ClickSoftware Technologies’ largest (disclosed) transaction.
  • This is ClickSoftware Technologies’ 1st transaction in the United States.
  • This is ClickSoftware Technologies’ 1st transaction in California.

M&A Deal Summary
Date 2014-02-18
Target Xora
Sector Internet Software and Services
Buyer(s) ClickSoftware Technologies
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Xora

Mountain View, California, United States
website
Xora, Inc. is a provider of software-as-a-service (SaaS) solutions for companies whose success depends on the productivity and efficiency of ‘always mobile’ workers.

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Buyer(S) 1

Buyer

ClickSoftware Technologies

Petah Tikva, Israel

website

Category Company
Founded 1997
Sector Information Technology
Employees741
Revenue 126M USD (2014)
DESCRIPTION

ClickSoftware Technologies Ltd. is a provider of field service management solutions and optimization technology. ClickSoftware arms field service professionals and mobile workers with innovative, AI-driven technologies and real-time schedule and route optimization at scale to improve their efficiency and effectiveness. Founded in 1997, Click is a pioneer in applying complex algorithms and artificial intelligence to workforce management and today helps manage over 1 million field resources around the world in a wide variety of industries including for organizations like Bosch, Deutsche Telekom, Ericsson, and Unisys.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

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