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  6. Aditi Technologies Acquires Cumulux

M&A Deal Summary

Aditi Technologies Acquires Cumulux

On November 21, 2011, Aditi Technologies acquired software company Cumulux

Acquisition Highlights
  • This is Aditi Technologies’ 1st transaction in the Software sector.
  • This is Aditi Technologies’ 1st transaction in the United States.
  • This is Aditi Technologies’ 1st transaction in Washington.

M&A Deal Summary
Date 2011-11-21
Target Cumulux
Sector Software
Buyer(s) Aditi Technologies
Deal Type Add-on Acquisition

Target

Cumulux

Bellevue, Washington, United States
Cumulux is a solution provider offering products and services that help companies realize the business value of cloud computing.

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Buyer(S) 1

Buyer

Aditi Technologies

Seattle, Washington, United States
Category Company
Founded 1994
Sector Technology Hardware
DESCRIPTION

Aditi will serve as a strategic growth lever for STC through its design and cloud expertise, complementing its engineering, mobile and analytics capabilities, STC said in a statement.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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