M&A Deal Summary

BroadSoft Acquires Systems Design & Development

On August 4, 2014, BroadSoft acquired internet software and services company Systems Design & Development

Acquisition Highlights
  • This is BroadSoft’s 6th transaction in the Internet Software and Services sector.
  • This is BroadSoft’s 6th transaction in the United States.
  • This is BroadSoft’s 1st transaction in Florida.

M&A Deal Summary

Date 2014-08-04
Target Systems Design & Development
Sector Internet Software and Services
Buyer(s) BroadSoft
Deal Type Add-on Acquisition

Target

Systems Design & Development

Delray Beach, Florida, United States
Systems Design & Development, Inc. (SDD) is a provider of software and services to global hotels, resorts, convention facilities, and fractional ownership properties.

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Buyer(S) 1

Buyer

BroadSoft

Gaithersburg, Maryland, United States

Category Company
Founded 1998
Sector Software
Employees1,350
Revenue 341M USD (2016)
DESCRIPTION

BroadSoft, Inc. is a provider of software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. BroadSoft was formed in 1998 and is headquartered in Gaithersburg, Maryland.


DEAL STATS #
Overall 10 of 16
Sector: Internet Software and Services M&A 6 of 11
Type: Add-on Acquisition M&A Deals 10 of 16
State: Florida M&A 1 of 1
Country: United States M&A 6 of 11
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 finocom AG

Cologne, Germany

finocom AG is a provider of cloud delivered unified communications services.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-12 Leonid Systems

Falls Church, Virginia, United States

Leonid Systems, Inc. is a hosted Voice over Internet Protocol (VoIP) OSS provider.

Buy -