M&A Deal Summary

CoreOne Technologies Acquires CorrectNet

On May 18, 2011, CoreOne Technologies acquired internet software and services company CorrectNet

Acquisition Highlights
  • This is CoreOne Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is CoreOne Technologies’ 1st transaction in the United States.
  • This is CoreOne Technologies’ 1st transaction in New York.

M&A Deal Summary

Date 2011-05-18
Target CorrectNet
Sector Internet Software and Services
Buyer(s) CoreOne Technologies
Deal Type Add-on Acquisition

Target

CorrectNet

Hauppauge, New York, United States
CorrectNet, Inc. is a web reporting and data consolidation solutions for administrators and asset managers.

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Buyer(S) 1

Buyer

CoreOne Technologies

New York, New York, United States

Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

CoreOne Technologies LLC is a financial software company delivering data warehouse solutions for data management and reporting.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1