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M&A Deal Summary

Cloudflight Acquires Catalysts

On May 2, 2019, Cloudflight acquired software company Catalysts

Acquisition Highlights
  • This is Cloudflight’s 1st transaction in the Software sector.
  • This is Cloudflight’s 1st transaction in Austria.

M&A Deal Summary
Date 2019-05-02
Target Catalysts
Sector Software
Buyer(s) Cloudflight
Deal Type Merger

Target

Catalysts

Linz, Austria
Catalysts GmbH is specialized in agile software development and has been implementing challenging digitalization projects for large corporations and hidden champions for more than 10 years. With a focus on emerging technologies such as Artificial Intelligence, IoT, Virtual Reality and Big data, Catalysts develops individual and innovative solutions in the mobility, financial services, public and space sectors, among others.

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Buyer(S) 1

Buyer

Cloudflight

Munich, Germany
Category Company
Founded 2019
Sector Information Technology
DESCRIPTION

Cloudflight provides scalable solutions and tailor-made software to help companies digitize their business models, processes, and products. The Company's core expertise is in software development for long-term projects, which typically requires deep expertise within fields such as the Internet of Things, cloud architecture, machine learning, and artificial intelligence. Cloudflight was founded in 2019 and is based in Munich, Germany.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Merger M&A Deals 2 of 2
Country: Austria M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 Crisp Research AG

Kassel, Germany

Crisp Research AG is an independent IT research and consulting firm. With a team of seasoned analysts, consultants and software developers, Crisp Research assesses current and emerging technology and market trends. Crisp Research supports companies in the digital transformation of their IT and business processes.

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