M&A Deal Summary

Software Acquires CONNX Solutions

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

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

M&A Deal Summary

Date 2016-08-31
Target CONNX Solutions
Sector Software
Buyer(s) Software
Deal Type Add-on Acquisition

Target

CONNX Solutions

Redmond, Washington, United States
website
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

Darmstadt, Germany

website


Category Company
Founded 1969
Sector Software
Employees4,696
Revenue 834M EUR (2021)
DESCRIPTION

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


DEAL STATS #
Overall 13 of 18
Sector (Software) 10 of 14
Type (Add-on Acquisition) 11 of 16
State (Washington) 1 of 1
Country (United States) 8 of 11
Year (2016) 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 -