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  6. Software AG Acquires SAGA SYSTEMS

M&A Deal Summary

Software AG Acquires SAGA SYSTEMS

On February 1, 2001, Software AG acquired software company SAGA SYSTEMS

Acquisition Highlights
  • This is Software AG’s 1st transaction in the Software sector.
  • This is Software AG’s 1st transaction in the United States.
  • This is Software AG’s 1st transaction in Virginia.

M&A Deal Summary
Date 2001-02-01
Target SAGA SYSTEMS
Sector Software
Buyer(s) Software AG
Deal Type Add-on Acquisition

Target

SAGA SYSTEMS

Reston, Virginia, United States
SAGA SYSTEMS, Inc. provides software products and related professional services to organizations with complex computing requirements.

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Buyer(S) 1

Buyer

Software AG

Darmstadt, Germany
Category Company
Founded 1969
Sector Software
Employees4,707
Revenue 958M EUR (2022)
DESCRIPTION
Software AG office in Dubai, United Arab Emirates.
Software AG office in Dubai, United Arab Emirates.

Software AG is a provider of infrastructure software. The Company conducts its operations through two business divisions: enterprise transaction systems and webmethods. Software AG was founded in 1969 and is based in Darmstadt, Germany.

DEAL STATS #
Overall 1 of 18
Sector: Software M&A 1 of 14
Type: Add-on Acquisition M&A Deals 1 of 16
State: Virginia M&A 1 of 2
Country: United States M&A 1 of 11
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-21 SPL Software

Or-Yehuda, Israel

SPL Software is an Israeli distributor of Software Ag's products. SPL Software has 300 employees developing industry specific solutions based on Software AG’s product portfolio.

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