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  6. Comparex AG Acquires CloudBearing

M&A Deal Summary

Comparex AG Acquires CloudBearing

On October 30, 2014, Comparex AG acquired internet software and services company CloudBearing

Acquisition Highlights
  • This is Comparex AG’s 1st transaction in the Internet Software and Services sector.
  • This is Comparex AG’s 1st transaction in the United States.
  • This is Comparex AG’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2014-10-30
Target CloudBearing
Sector Internet Software and Services
Buyer(s) Comparex AG
Deal Type Add-on Acquisition

Target

CloudBearing

Raleigh, North Carolina, United States
CloudBearing helps organizations move their applications and infrastructure to the Microsoft Cloud to lower cost and risk and to increase security and productivity.

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Buyer(S) 1

Buyer

Comparex AG

Leipzig, Germany
Category Company
Founded 1990
Sector Information Technology
Revenue 2.0B USD (2014)
DESCRIPTION

Comparex AG is a IT provider specializing in license management, sourcing, technical product consulting and cloud-based professional services. Comparex was founded in 1990 and is based in Leipzig, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
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