M&A Deal Summary |
|
|---|---|
| Date | 2018-12-06 |
| Target | International Business Machines - Software Products |
| Sector | Software |
| Buyer(s) | HCL Technologies |
| Sellers(s) | IBM |
| Deal Type | Divestiture |
| Deal Value | 1.8B USD |
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| Category | Company |
|---|---|
| Founded | 1976 |
| Sector | Information Technology |
| Employees | 222,270 |
| Revenue | 11.3B INR (2022) |
HCL Technologies is a large IT services company. The Company’s services portfolio includes application development and maintenance, package implementation services, engineering and R&D services, infrastructure management services and business process outsourcing services. It has a large active client base across banking, financial services and insurance, manufacturing, telecom, retail, media and healthcare verticals. HCL Technologies was founded in 1976 and is based in Noida, India.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 22 |
| Sector (Software) | 3 of 3 |
| Type (Divestiture) | 3 of 3 |
| State (New York) | 1 of 1 |
| Country (United States) | 10 of 11 |
| Year (2018) | 3 of 3 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-12 |
Actian
Santa Clara, California, United States Actian is a hybrid data management, cloud integration, and analytics solutions–powers insight-driven enterprises around the globe to help them solve the toughest data challenges. Actian was founded in 1980 and is based in Santa Clara, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-13 |
Strong-Bridge Envision Consulting
Bellevue, Washington, United States Strong-Bridge Envision Consulting LLC is a management consulting firm that provides strategic leadership, transformation, and executional excellence for organizations ranging from startups to corporations. Working side-by-side with clients in technology, telecom/mobile, healthcare, retail, and travel, Strong-Bridge Consulting helps businesses generate results through customer experiences that are optimized for their industry. Strong-Bridge Envision Consulting LLC was founded in 2003 and is based in Bellevue, Washington. |
Buy | $45M |
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Information Technology |
| Employees | 282,100 |
| Revenue | 60.5B USD (2022) |
IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 32 |
| Sector (Software) | 8 of 11 |
| Type (Divestiture) | 21 of 29 |
| State (New York) | 6 of 11 |
| Country (United States) | 18 of 26 |
| Year (2018) | 1 of 1 |
| Size (of disclosed) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-10-28 |
Red Hat
Raleigh, North Carolina, United States Red Hat is a provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers support, training, and consulting services. Red Hat was formed in 1993 and is based in Raleigh, North Carolina. |
Buy | $34.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-04 |
Acoustic
Burlington, Massachusetts, United States Acoustic is a provider of marketing automation tools, marketing analytics, and an AI-powered content management system. Acoustic is based in Burlington, Massachusetts. |
Sell | - |
