Add-on Acquisition • Information Technology

AppLabs Technologies Pvt. Acquires KeyLabs

On April 25, 2005, AppLabs Technologies Pvt. acquired information technology company KeyLabs

Acquisition Context

This is AppLabs Technologies Pvt.’s 1st transaction in the Information Technology sector.
This is AppLabs Technologies Pvt.’s 1st transaction in the United States.
This is AppLabs Technologies Pvt.’s 1st transaction in Utah.

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M&A Deal Summary
Date	April 25, 2005
Target	KeyLabs
Sector	Information Technology
Buyer(s)	AppLabs Technologies Pvt.
Deal Type	Add-on Acquisition

Target Company

KeyLabs

Utah, United States

Since its inception in 1996, KeyLabs has led the testing industry in the development of a full suite of network testing services that includes e-commerce stress and security testing, SAN testing, performance analysis, scalability analysis, and proof-of-concept testing.

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Buyer Overview 1

Buyer

AppLabs Technologies Pvt.

Philadelphia, Pennsylvania, United States

Category	Company
Founded	2001
Sector	Software
Employees	2,500

DESCRIPTION

AppLabs Technologies Pvt. Ltd. is a software testing, quality assurance and custom application development services provider.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Utah	1 of 1
Country: United States	1 of 1
Year: 2005	1 of 1

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