M&A Deal Summary

Axeda Acquires Questra

On December 16, 2008, Axeda acquired information technology company Questra from Trident Capital

Acquisition Highlights
  • This is Axeda’s 1st transaction in the Information Technology sector.
  • This is Axeda’s 1st transaction in the United States.
  • This is Axeda’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2008-12-16
Target Questra
Sector Information Technology
Buyer(s) Axeda
Sellers(s) Trident Capital
Deal Type Add-on Acquisition

Target

Questra

Foxboro, Massachusetts, United States
Questra Corporation is a leader in device relationship management, is an enterprise software company focused on optimizing global service and support to drive down support costs, build new revenue streams, and increase customer satisfaction.

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Buyer(S) 1

Buyer

Axeda

Foxboro, Massachusetts, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Axeda Corp. is a developer of solutions that securely connect machines and sensors to the cloud. Axeda offers leading-edge IoT technology built on a modern architecture purpose-built for collecting and organizing the world’s machine and sensor data.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 1

SELLER

Trident Capital

San Mateo, California, United States

Category Private Equity Firm
Founded 1993
PE ASSETS 1.9B USD
Size Large
Type Sector Focused
DESCRIPTION

Trident Capital was a venture capital firm focused on investments at all company stages, from early and expansion stage investments to buyouts and recapitalizations. Trident focused on investments in tech-enabled sectors, including enterprise software/services, outsourcing and payments, healthcare software/services, internet/consumer, and energy/clean tech. In 2015, Trident ceased investing and the Firm's employees split to form Sunstone Partners, a growth equity firm, and Trident Capital Cybersecurity, a venture firm focused on the cyber security sector.


DEAL STATS #
Overall 46 of 86
Sector: Information Technology M&A 11 of 24
Type: Add-on Acquisition M&A Deals 37 of 63
State: Massachusetts M&A 8 of 9
Country: United States M&A 43 of 81
Year: 2008 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-28 Add2Phone

Helsinki, Finland

Add2Phone is Europe's leading technology company in the mobile marketing and mCRM applications market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-31 Elucido Media Networks Pvt.

Bangalore, India

Elucido provides digital signage and digital display solutions in India. With a focus on developing education technology solutions that are unique and competitively distinct, Elucido Media Networks is one among very few companies today, to enable real-time interactivity and collaboration between remote classrooms over the internet.

Buy -