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M&A Deal Summary

Continuum Acquires R1Soft

On August 26, 2014, Continuum acquired internet software and services company R1Soft from Idera

Acquisition Highlights
  • This is Continuum’s 1st transaction in the Internet Software and Services sector.
  • This is Continuum’s 1st transaction in the United States.
  • This is Continuum’s 1st transaction in Texas.

M&A Deal Summary
Date 2014-08-26
Target R1Soft
Sector Internet Software and Services
Buyer(s) Continuum
Sellers(s) Idera
Deal Type Divestiture

Target

R1Soft

Houston, Texas, United States
R1Soft is a provider of commercial backup software for Web hosting providers. Known as the fastest, most scalable server backup software for both Windows and Linux platforms in private and public clouds, R1Soft’s Server Backup Manager (SBM) is deployed by more than 2,500 cloud infrastructure providers andprotects more than 300,000 servers worldwide.

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Buyer(S) 1

Buyer

Continuum

West Newton, Massachusetts, United States
Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Continuum LLC is a provider of fully integrated managed IT services, allowing its Managed Services Provider (MSP) partners to maintain both on premise and cloud-based servers, desktops and other endpoints for small-and-medium-sized businesses.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

Idera

Austin, Texas, United States
Category Company
Founded 1999
Sector Software
DESCRIPTION

Idera provides a suite of software tools to technical users, comprising of database, development, DevOps and software testing tools. These include the Idera line of SQL management tools, integrated development environments under the Embarcadero brand, UI components through Sencha, and test management and automation through TestRail and Ranorex. Their tools help database and system administrators maintain the performance and functionality of their systems, software developers produce better products more efficiently, and quality assurance professionals improve collaboration and automation. Idera was founded in 1999 and is headquartered in Austin, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-02 Precise Software Solutions

Redwood Shores, California, United States

Precise Software Solutions, Inc. is a provider of transaction performance management (TPM) software and solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-11 Uptime Software

Toronto, Ontario, Canada

Uptime Software Inc. is an all-in-one IT systems monitoring suite downloaded by over 140,000 IT professionals in enterprise companies to increase IT performance, maximize staff productivity, and develop more proactive IT management while saving IT resources and budget.

Buy -
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