Add-on Acquisition • Software

Digital Evolution Acquires Flamenco Networks

On September 1, 2004, Digital Evolution acquired software company Flamenco Networks

Acquisition Context

This is Digital Evolution’s 1st transaction in the Software sector.
This is Digital Evolution’s 1st transaction in the United States.
This is Digital Evolution’s 1st transaction in Georgia.

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M&A Deal Summary
Date	September 1, 2004
Target	Flamenco Networks
Sector	Software
Buyer(s)	Digital Evolution
Deal Type	Add-on Acquisition
Advisor(s)	McNamee Lawrence & Co. (Financial)

Target Company

Flamenco Networks

Alpharetta, Georgia, United States

Flamenco Networks provides software for Web services-based integration projects.

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Buyer Overview 1

Buyer

Digital Evolution

Fargo, North Dakota, United States

Category	Company
Sector	Information Technology

DESCRIPTION

Digital Evolution is the second company of the same name founded by Pulier. In 1994, Pulier started a company to help others incorporate emerging Internet standards into IT systems. The first Digital Evolution was bought in 1998 by Philadelphia-based US Interactive Inc., which filed for bankruptcy in January 2001.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Georgia	1 of 1
Country: United States	1 of 1
Year: 2004	1 of 1

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