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M&A Deal Summary

Alludo Acquires Parallels

On December 20, 2018, Alludo acquired software company Parallels

Acquisition Highlights
  • This is Alludo’s 10th transaction in the Software sector.
  • This is Alludo’s 9th transaction in the United States.
  • This is Alludo’s 1st transaction in Washington.

M&A Deal Summary
Date 2018-12-20
Target Parallels
Sector Software
Buyer(s) Alludo
Deal Type Add-on Acquisition

Target

Parallels

Renton, Washington, United States
Parallels makes it simple for customers to use and access the applications and files they need on any device or operating system. Parallels helps businesses and individuals securely and productively use their favorite devices and preferred technology, whether it’s Windows, Mac, iOS, Android, Chromebook, Linux, Raspberry Pi, or the Cloud. Parallels solutions enable seamless delivery of virtual desktops and applications to any device; running Windows on a Mac; Mac management with Microsoft SCCM; remote access to PCs and Mac computers from any device; and deliver time savings by simplifying tedious common PC and Mac tasks down to just one click.

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Buyer(S) 1

Buyer

Alludo

Ottawa, Ontario, Canada
Category Company
Founded 1985
Sector Software
DESCRIPTION

Alludo is an SMB and prosumer-focused software company with a portfolio of graphics, productivity, sales enablement, and desktop-as-a-service software solutions that enable the knowledge worker. Alludo was founded in 1985 and is based in Ottawa, Ontario.

DEAL STATS #
Overall 10 of 12
Sector: Software M&A 10 of 11
Type: Add-on Acquisition M&A Deals 8 of 10
State: Washington M&A 1 of 1
Country: United States M&A 9 of 10
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-12 ClearSlide

San Ramon, California, United States

ClearSlide, Inc. is a sales engagement platform. ClearSlide's products improve customer-facing interactions (web, email, face-to-face) by providing real-time visibility and analytics for both sellers and sales leaders. ClearSlide, Inc. was founded in 2009 and is based in San Ramon, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 ClearSlide

San Ramon, California, United States

ClearSlide, Inc. is a sales engagement platform. ClearSlide's products improve customer-facing interactions (web, email, face-to-face) by providing real-time visibility and analytics for both sellers and sales leaders. ClearSlide, Inc. was founded in 2009 and is based in San Ramon, California.

Sell -
Mergr

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