M&A Deal Summary

BISim Acquires TerraSim

On April 18, 2013, BISim acquired software company TerraSim

Acquisition Highlights
  • This is BISim’s 1st transaction in the Software sector.
  • This is BISim’s 1st transaction in the United States.
  • This is BISim’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2013-04-18
Target TerraSim
Sector Software
Buyer(s) BISim
Deal Type Add-on Acquisition

Target

TerraSim

Pittsburgh, Pennsylvania, United States
TerraSim, is a provider of terrain generation software.

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Buyer(S) 1

Buyer

BISim

Prague, Czech Republic

Category Company
Founded 2001
Sector Software
DESCRIPTION

BISim is a global software company at the forefront of simulation and training solutions for defense and civilian organizations. Globally, more than 500,000 military personnel are trained every year using BISim’s Virtual Battlespace (VBS) software products. More than 60 NATO and NATO-friendly countries and over 250 integrators/prime contractors use VBS technology, many making significant funding commitments to extend VBS product capabilities. BISim was formed in 2001 and is based in Prague, Czech Republic.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1