M&A Deal Summary

Akana Acquires Logic Library

On May 12, 2008, Akana acquired internet software and services company Logic Library

Acquisition Highlights
  • This is Akana’s 2nd transaction in the Internet Software and Services sector.
  • This is Akana’s 2nd transaction in the United States.
  • This is Akana’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2008-05-12
Target Logic Library
Sector Internet Software and Services
Buyer(s) Akana
Deal Type Add-on Acquisition

Target

Logic Library

Pittsburgh, Pennsylvania, United States
Logic Library is a provider of software and services that make it possible for enterprises to manage and reuse Software Development Assets (SDAs). LogicLibrary provides SOA governance and repository systems.

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Buyer(S) 1

Buyer

Akana

Los Angeles, California, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

Akana, Inc. is a vendor of service-oriented architecture (SOA) governance software. It includes security, monitoring, reliability and registry services to deliver a one-stop shop for organizations building Web services and SOA.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-23 Zensar ThoughtDigital

New York, New York, United States

Zensar ThoughtDigital, LLC, a business and technology consultancy, implements Oracle based technologies.

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