RapidMind - Ownership and Business Overview

SoftwareCompany

RapidMind Ownership

Who owns RapidMind?

RapidMind is owned by Intel. It was acquired on August 19, 2009.

Was RapidMind formerly PE-backed?

Yes. RapidMind was formerly owned by 1 private investor.

RapidMind Business Overview

Where is RapidMind headquartered?

RapidMind is headquartered in Waterloo, Ontario.

What sector is RapidMind in?

RapidMind is a software company.

When was RapidMind founded?

RapidMind was founded in 2004.

Software M&A Summary in 2009

Out of 60 sectors in the Mergr database, software ranked 1 in number of deals in 2009. The largest software acquisition in 2009 was SPSS - which was acquired by International Business Machines for $1.2B.

Join Mergr to view all 248 acquisitions of software companies in 2009, including 30 acquisitions by private equity firms, and 218 by strategics.

RapidMind, Inc.

180 King Street South Suite 500,
Waterloo, Ontario N2J 1P8
Canada,
(519)885-5455
www.rapidmind.net

RapidMind provides a software development platform that allows software vendors to deliver high performance on multi-core and stream processors, including the GPU and the Cell BE. Without sacrificing development simplicity, RapidMind-enabled applications experience a dramatic leap in performance.


Company Summary

SECTOR

Software

Established

2004

Subsidiary of

Intel

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