M&A Deal Summary

CME Acquires Augmental

On May 23, 2024, CME acquired information technology company Augmental

Acquisition Highlights
  • This is CME’s 1st transaction in the Information Technology sector.
  • This is CME’s 1st transaction in United Arab Emirates.

M&A Deal Summary
Date 2024-05-23
Target Augmental
Sector Information Technology
Buyer(s) CME
Deal Type Add-on Acquisition

Target

Augmental

Abu Dhabi, United Arab Emirates
Augmental is an EdTech company that empowers educational institutions and course creators by offering next-generation personalized learning experiences, intelligent content creation, and data-driven analytics. Augmental is based in Abu Dhabi, UAE, and the United States.

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Buyer(S) 1

Buyer

CME

Beirut, Lebanon
Category Company
Sector Information Technology
DESCRIPTION

CME is a multinational enterprise offering technology services and solutions to global clients, including Fortune 500 companies. The company's end-to-end solutions and comprehensive services cover enterprise application services, data & analytics, user experience, artificial intelligence, the Internet of Things, and DevOps. CME is based in Beirut, Lebanon.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Arab Emirates) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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