M&A Deal Summary

Smarsh Acquires Micro Focus International - Digital Safe business

On November 3, 2021, Smarsh acquired software company Micro Focus International - Digital Safe business from Micro Focus for 375M USD

Acquisition Highlights
  • This is Smarsh’s 4th transaction in the Software sector.
  • This is Smarsh’s largest (disclosed) transaction.
  • This is Smarsh’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2021-11-03
Target Micro Focus International - Digital Safe business
Sector Software
Buyer(s) Smarsh
Sellers(s) Micro Focus
Deal Type Divestiture
Deal Value 375M USD

Target

Micro Focus International - Digital Safe business

Newbury, United Kingdom
Micro Focus International's Digital Safe business is an archiving and risk management portfolio powered by artificial intelligence and deployable on cloud infrastructure providers. Micro Focus International's Digital Safe business is based in Newbury, United Kingdom.

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Buyer(S) 1

Buyer

Smarsh

Portland, Oregon, United States

website


Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Smarsh provides hosted solutions for archiving electronic communications, including email, instant messaging, and social media platforms such as Facebook, LinkedIn, and Twitter. Solutions help organizations manage and enforce flexible, secure, and cost-effective compliance and record retention strategies. Smarsh was founded in 2001 and is based in Portland, Oregon.


DEAL STATS #
Overall 8 of 9
Sector (Software) 4 of 5
Type (Divestiture) 2 of 2
Country (United Kingdom) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Digital Reasoning Systems

Franklin, Tennessee, United States

Digital Reasoning Systems, Inc. is focused on understanding human communications and behavior through the combination of applied AI, deep collaboration with industry experts, and a commitment to use technology for positive change. Through the combination of our trusted technology and its customers’ experience, for example, patients have a better chance of surviving, banks can ensure their employees are meeting the highest standards of conduct, and law enforcement can protect the most vulnerable citizens in our society. Digital Reasoning Systems was formed in 2000 and is based in Franklin, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-16 TeleMessage

Acton, Massachusetts, United States

TeleMessage is a mobile messaging and voice capture and archiving. TeleMessage was founded in 1999 and is based in Acton, Massachusetts.

Buy -

Seller(S) 1

SELLER

Micro Focus

Newbury, United Kingdom

website


Category Company
Founded 1976
Sector Software
Revenue 2.9B USD (2021)
DESCRIPTION

Micro Focus is a provider of innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization, Testing and Management software enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. Micro Focus was founded in 1976 and is based in Newbury, the United Kingdom.


DEAL STATS #
Overall 4 of 4
Sector (Software) 3 of 3
Type (Divestiture) 4 of 4
Country (United Kingdom) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-09 ATAR Labs

London, United Kingdom

ATAR Labs builds next-generation Security Orchestration, Automation, and Response (SOAR) platforms. Its flagship product ATAR helps SOC teams to become more vigilant and effective while helping them achieve more. ATAR Labs was formed in 2016 and is based in London.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Debricked

Malmö, Sweden

Debricked is a developer-centric open-source intelligence company aimed at innovating how organizations secure their software supply chain for today and the future. Debricked was founded in 2018 and is headquartered in Malmö, Sweden.

Buy -