M&A Deal Summary

Divine Acquires Viant

On September 27, 2002, Divine acquired information technology company Viant for 96M USD

Acquisition Highlights
  • This is Divine’s 1st transaction in the Information Technology sector.
  • This is Divine’s largest (disclosed) transaction.
  • This is Divine’s 1st transaction in the United States.
  • This is Divine’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2002-09-27
Target Viant
Sector Information Technology
Buyer(s) Divine
Deal Type Add-on Acquisition
Deal Value 96M USD
Advisor(s) Rutberg Holdings LLC (Financial)

Target

Viant

Boston, Massachusetts, United States
Viant Corporation was a pioneer provider of digital/web business solutions.

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Buyer(S) 1

Buyer

Divine

Columbus, Ohio, United States

Category Company
Sector Engineering
DESCRIPTION

Divine, Inc. provides renovation and home improvement services. Divine, Inc. is based in Columbus, Ohio.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 1 of 1