M&A Deal Summary

IBM Acquires Rational Software

On February 21, 2003, IBM acquired software company Rational Software for 2.1B USD

Acquisition Highlights
  • This is IBM’s 9th transaction in the Software sector.
  • This is IBM’s 9th largest (disclosed) transaction.
  • This is IBM’s 13th transaction in the United States.
  • This is IBM’s 7th transaction in California.

M&A Deal Summary

Date 2003-02-21
Target Rational Software
Sector Software
Buyer(s) IBM
Deal Type Add-on Acquisition
Deal Value 2.1B USD

Target

Rational Software

Cupertino, California, United States
Rational Software Corp. is a provider of open, industry standard tools, best practices and services for developing business applications and building software products and systems, including embedded software for devices such as cell phones and medical systems.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States

Category Company
Founded 1911
Sector Information Technology
Employees270,300
Revenue 62.8B USD (2024)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

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 17 of 204
Sector: Software M&A 9 of 111
Type: Add-on Acquisition M&A Deals 10 of 181
State: California M&A 7 of 48
Country: United States M&A 13 of 147
Year: 2003 M&A 1 of 5
Size (of disclosed) 9 of 34
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-15 Tarian Software

Ottawa, Ontario, Canada

Tarian Software is a provider of e-Records management software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-14 Think Dynamics

Toronto, Ontario, Canada

Think Dynamics is a provider of software solutions.

Buy -