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M&A Deal Summary

CherryRoad Technologies. Acquires Infosemantics

On September 2, 2021, CherryRoad Technologies. acquired information technology company Infosemantics

Acquisition Highlights
  • This is CherryRoad Technologies.’s 2nd transaction in the Information Technology sector.
  • This is CherryRoad Technologies.’s 3rd transaction in the United States.
  • This is CherryRoad Technologies.’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-09-02
Target Infosemantics
Sector Information Technology
Buyer(s) CherryRoad Technologies.
Deal Type Add-on Acquisition

Target

Infosemantics

Flower Mound, Texas, United States
Infosemantics is a professional consulting services company that delivers enterprise digital solutions including the Oracle E-Business Suite, Cloud Applications, Data Management solutions focused on BI/Analytics, and Data Warehousing, leveraging a broad technology portfolio including Oracle, Teradata, and Snowflake. Infosemantics was founded in 2001 and is based in Flower Mound, Texas.

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Buyer(S) 1

Buyer

CherryRoad Technologies.

Morris Plains, New Jersey, United States
Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Nearly three decades ago, CherryRoad Technologies Inc. set out to perform system integration services that not only elevated the benchmark in the consulting landscape, but that also set a precedent by focusing on the importance of customer satisfaction.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-20 Superb Internet Technologies

Honolulu, Hawaii, United States

Superb Internet Technologies, Inc. is a provider of cloud hosting and Infrastructure-as-a-Service (IaaS) services to global clients, worldwide. Superb was the first provider to deliver commercial, name-based virtual hosting and rapidly pioneered the first commercially available Virtual Private Server (VPS) service, which is the predecessor of today’s Cloud services.

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