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  5. CLS Communication AG Acquires CLS 4-Text

M&A Deal Summary

CLS Communication AG Acquires CLS 4-Text

On January 17, 2013, CLS Communication AG acquired information technology company CLS 4-Text

Acquisition Highlights
  • This is CLS Communication AG’s 1st transaction in the Information Technology sector.
  • This is CLS Communication AG’s 1st transaction in Germany.

M&A Deal Summary
Date 2013-01-17
Target CLS 4-Text
Sector Information Technology
Buyer(s) CLS Communication AG
Deal Type Add-on Acquisition

Target

CLS 4-Text

Berlin, Germany
4-Text GmbH provides technical documentation solutions. It offers translation, terminology, desktop-publishing, and software localization services; and software development services, which include format and character conversion, update methods, development of customer-specific tools, and adapting resources.

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Buyer(S) 1

Buyer

CLS Communication AG

Zurich , Basel, Switzerland
Category Company
Founded 1997
Sector Communications
Employees600
DESCRIPTION

CLS Communication is an international language and technology services provider for multilingual communication in the fields of finance, insurance, life sciences, telecommunications and legal. Headquartered in Switzerland with 19 locations in Europe, the USA and Asia, the company specialises in the production, translation and management of multilingual documentation.

DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-21 Scandinavian Translators A/S

Kongens Lyngby, Denmark

Scandinavian Translators A/S provides business-to-business solutions in translation, interpretation, training and language testing, editing/proofing, and other linguistic services across various national borders.

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