M&A Deal Summary

cellent AG Acquires frontworx Informationstechnologie AG

On October 31, 2011, cellent AG acquired information technology company frontworx Informationstechnologie AG

Acquisition Highlights
  • This is cellent AG’s 1st transaction in the Information Technology sector.
  • This is cellent AG’s 1st transaction in Austria.

M&A Deal Summary

Date 2011-10-31
Target frontworx Informationstechnologie AG
Sector Information Technology
Buyer(s) cellent AG
Deal Type Add-on Acquisition

Target

frontworx Informationstechnologie AG

Vienna, Austria
The frontworx Information Technology AG is one of the SAP consulting companies in Austria.

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Buyer(S) 1

Buyer

cellent AG

Stuttgart, Germany

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

cellent AG is an IT consulting and software services company and has been offering holistic innovative IT solutions and services to its customers in the DACH region of Germany, Austria and Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Austria) 1 of 1
Year (2011) 1 of 1