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M&A Deal Summary

Software AG Acquires CONNX Solutions

On August 31, 2016, Software AG acquired software company CONNX Solutions

Acquisition Highlights
  • This is Software AG’s 10th transaction in the Software sector.
  • This is Software AG’s 8th transaction in the United States.
  • This is Software AG’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-08-31
Target CONNX Solutions
Sector Software
Buyer(s) Software AG
Deal Type Add-on Acquisition

Target

CONNX Solutions

Redmond, Washington, United States
CONNX Solutions, Inc. is a provider of data access, integration and replication software solutions for government and business entities. CONNX Solutions, Inc. was established in 2001 and is headquartered in Redmond, Washington.

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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 13 of 18
Sector: Software M&A 10 of 14
Type: Add-on Acquisition M&A Deals 11 of 16
State: Washington M&A 1 of 1
Country: United States M&A 8 of 11
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-04 SpecPage.com

Warwick, Rhode Island, United States

SpecPage.com LLC is a provider of product data information and online catalogs for the foodservice and Jan-San industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-02 Zementis

San Diego, California, United States

Zementis, Inc. is a provider of software solutions for predictive analytics. Zementis customers include financial services institutions, marketing and advertising agencies, consumer and enterprise technology solution providers, telecommunication service providers and government agencies.

Buy -
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