M&A Deal Summary

Telecommunication Systems Acquires Location Logic

On May 19, 2009, Telecommunication Systems acquired information technology company Location Logic from Hale Global and Autodesk for 25M USD

Acquisition Highlights
  • This is Telecommunication Systems’ 1st transaction in the Information Technology sector.
  • This is Telecommunication Systems’ 2nd largest (disclosed) transaction.
  • This is Telecommunication Systems’ 3rd transaction in the United States.
  • This is Telecommunication Systems’ 2nd transaction in California.

M&A Deal Summary

Date 2009-05-19
Target Location Logic
Sector Information Technology
Buyer(s) Telecommunication Systems
Sellers(s) Hale Global
Autodesk
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Location Logic

San Rafael, California, United States
website
LocationLogic, formerly Autodesk's Location Services Business, is a leading provider of infrastructure, applications, content provisioning, and integration services for deploying and maintaining innovative location-based services (LBS). The company's business and consumer applications and platform software provide location-enabling services and tools to deploy reliable, high-performance applications that deliver personalized, location relevant information for wireless users. LocationLogic personnel and facilities are in the San Francisco Bay area, Overland Park, Kansas, and Calgary, Alberta Canada.

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Buyer(S) 1

Buyer

Telecommunication Systems

Annapolis, Maryland, United States

website


Category Company
Founded 1987
Sector Information Technology
Employees1,074
Revenue 359M USD (2014)
DESCRIPTION

Telecommunication Systems, Inc. is a provider of IT services to secure and highly reliable wireless communications.


DEAL STATS #
Overall 3 of 5
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (California) 2 of 4
Country (United States) 3 of 5
Year (2009) 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-19 LocationLogic

Overland Park, Kansas, United States

LocationLogic provided hosted location-based infrastructure software and applications to Tier 1 wireless carriers.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-15 Networks in Motion

Aliso Viejo, California, United States

Networks in Motion, Inc. is a wireless navigation and local search software company.

Buy -

Seller(S) 2

DESCRIPTION

Hale Global is a specialist private equity firm focused on acquiring information technology companies. Areas of interest within IT include enterprise application, infrastructure and tools software companies; systems integrators; and telecommunications and networking systems equipment companies. Target acquisitions typically have annual revenues of $5 to $150 million. Hale Global was formerly known as DivestCap and changed its name in 2009. Hale Global was formed in 2001 and has offices in New York and Seattle.


DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 3 of 3
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 Endeavors

Irvine, California, United States

Endeavors plc is to securely Web-enable and extend enterprise knowledge and systems without the need to change existing applications, files or IT infrastructures.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-27 QL2

Baltimore, Maryland, United States

QL2 is providing services and technology for near real-time pricing and product data from unstructured sources such as the Web. With over 200 customers across more than 35 countries, QL2data drives better business decisions and increased revenue. QL2 is based in Baltimore, Maryland.

Buy -
SELLER

Autodesk

San Rafael, California, United States

website


Category Company
Founded 1982
Sector Software
Employees12,600
Revenue 5.0B USD (2023)
DESCRIPTION
Entrance to Autodesk's corporate headquarters in Mill Valley, California.
Entrance to Autodesk's corporate headquarters in Mill Valley, California.

Autodesk is a provider of design software for customers in the architecture, engineering, construction, manufacturing, digital media, consumer, and entertainment industries. Autodesk's sophisticated software products enable customers to experience their ideas before they are real. Customers are able to imagine, design, and create their ideas by visualizing, simulating and analyzing real-world performance early in the design process by creating and manipulating digital prototypes. Autodesk's professional software products are sold globally, both directly to customers and through a network of resellers and distributors. Additionally, the Company sells a line of consumer products for digital art, personal design and creativity, and home design. Autodesk was founded in 1982 and is based in San Rafael, California.


DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 2
Country (United States) 1 of 3
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-17 ALGOR

Pittsburgh, Pennsylvania, United States

ALGOR, Inc. is a provider of analysis and simulation software. ALGOR software's wide range of simulation capabilities includes: static stress with linear and nonlinear material models; Mechanical Event Simulation (MES) for nonlinear, multi-body dynamics with large-scale motion, large deformation and large strain with body-to-body contact; linear dynamics; fatigue; CFD including steady-state and transient heat transfer, steady and unsteady fluid flow and mass transfer; electrostatics; full multiphysics; and piping.

Buy $34M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-17 PlanPlatform

Tel Aviv, Israel

PlanPlatform Ltd., develops SaaS that provides engineers with two-dimensional and three-dimensional software drafting tools.

Buy -