M&A Deal Summary

iTAC Software AG Acquires DUALIS IT Solution

On December 14, 2016, iTAC Software AG acquired information technology company DUALIS IT Solution

Acquisition Highlights
  • This is iTAC Software AG’s 1st transaction in the Information Technology sector.
  • This is iTAC Software AG’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-12-14
Target DUALIS IT Solution
Sector Information Technology
Buyer(s) iTAC Software AG
Deal Type Add-on Acquisition

Target

DUALIS IT Solution

Dresden, Germany
DUALIS GmbH IT Solution specializes in the development of software and services for simulation, process optimization and production scheduling. The product range includes GANTTPLAN, the APS planning tool for advanced planning and scheduling; ISSOP (Intelligent Software for Simulation and Optimization in Production and logistics); and Visual Components‘ 3D product suite. DUALIS products are integrated and operated at the sites of many well-known suppliers for heavy industry as well as small and medium-sized companies working in the manufacturing and service sectors. Consulting services for strategic and operational planning completes the product offer from DUALIS.

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Buyer(S) 1

Buyer

iTAC Software AG

Dernbach, Germany

Category Company
Founded 1998
Sector Software
DESCRIPTION

iTAC Software AG is an industrial Internet of Things (IoT) software. The company combines expertise in the fields of IT and production technology, and has already equipped over 140 factories worldwide in various industry segments with its cloud-based MES software, iTAC.MES.Suite.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1