M&A Deal Summary

Cloudability Acquires CloudVertical

On March 17, 2015, Cloudability acquired internet software and services company CloudVertical from Copper.io

Acquisition Highlights
  • This is Cloudability’s 1st transaction in the Internet Software and Services sector.
  • This is Cloudability’s 1st transaction in Ireland.

M&A Deal Summary

Date 2015-03-17
Target CloudVertical
Sector Internet Software and Services
Buyer(s) Cloudability
Sellers(s) Copper.io
Deal Type Divestiture

Target

CloudVertical

Dublin, Ireland
CloudVertical is a competing cloud cost management tool.

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Buyer(S) 1

Buyer

Cloudability

Portland, Oregon, United States

Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Cloudability, Inc. is a provider of multi-cloud financial management and FinOps, serving hundreds of customers around the globe. Cloudability’s cloud financial management platform is built to help IT, Finance and business teams make timely decisions about cloud usage and master the unit economics of cloud. Cloudability, Inc. was founded in 2011 and is based in Portland, Oregon.


DEAL STATS #
Overall 1 of 5
Sector: Internet Software and Services M&A 1 of 5
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2015 M&A 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-24 Attribo

United States

Attribo is a full-service cloud management platform.

Buy -

Seller(S) 1

SELLER

Copper.io

Las Vegas, Nevada, United States

Category Company
Founded 2013
Sector Software
DESCRIPTION

Copper.io, Inc. is a provider of software developer tools that allow full?stack cloud?based business applications to be developed, deployed, monitored and managed.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 CloudVertical

Dublin, Ireland

CloudVertical is a competing cloud cost management tool.

Buy -