M&A Deal Summary

Ciber Acquires Ascent Technology

On May 24, 2004, Ciber acquired information technology company Ascent Technology for 40M USD

Acquisition Highlights
  • This is Ciber’s 6th transaction in the Information Technology sector.
  • This is Ciber’s 3rd largest (disclosed) transaction.
  • This is Ciber’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2004-05-24
Target Ascent Technology
Sector Information Technology
Buyer(s) Ciber
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

Ascent Technology

Hinckley, United Kingdom
Ascent Technology Ltd. is a provider for both SAP and Sage ERP solutions.

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Buyer(S) 1

Buyer

Ciber

Greenwood Village, Colorado, United States

Category Company
Founded 1974
Sector Information Technology
Employees6,000
Revenue 787M USD (2015)
DESCRIPTION
Entrance to Ciber's corporate headquarters in Greenwood Village, Colorado.
Entrance to Ciber's corporate headquarters in Greenwood Village, Colorado.

CIBER, Inc. is a global IT consulting company operates as a system integration and information technology (IT) services consulting firm. Ciber offers application development and management, IT strategy, business intelligence, quality assurance and testing and has partnerships with companies in business technology from ERP and CRM solutions to cloud computing and mobility. Ciber, Inc. was established in 1974 and is headquartered in Greenwood Village, Colorado.


DEAL STATS #
Overall 7 of 13
Sector: Information Technology M&A 6 of 11
Type: Add-on Acquisition M&A Deals 6 of 9
Country: United Kingdom M&A 2 of 2
Year: 2004 M&A 3 of 4
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-01 SCB Computer Technology

Memphis, Tennessee, United States

SCB Computer Technology, Inc. provides Information Technology (IT) management and technical services to the U.S. federal government state and local government agencies, as well as commercial enterprises.

Buy $56M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-30 Novasoft AG

Heidelberg, Germany

Novasoft AG is an international consultancy specializing in implementation of SAP's products.

Buy -