Add-on Acquisition • Information Technology

DTN Acquires Weather Decision Technologies

On October 8, 2018, DTN acquired information technology company Weather Decision Technologies

Acquisition Context
  • This is DTN’s 2nd transaction in the Information Technology sector.
  • This is DTN’s 4th transaction in the United States.
  • This is DTN’s 1st transaction in Oklahoma.

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M&A Deal Summary

Date October 8, 2018
Target Weather Decision Technologies
Sector Information Technology
Buyer(s) DTN
Deal Type Add-on Acquisition

Target Company

Weather Decision Technologies

Norman, Oklahoma, United States
Weather Decision Technologies, Inc. is a provider of an organizations with actionable weather analytics and decision support. The company helps clients leverage weather information for profit and safety globally. Hazardous weather detection, prediction, and decision analytics are available via APIs and GIS layers, as well as WDT’s leading risk mitigation SaaS platform, WeatherOps®.
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Buyer Overview 1

Buyer

DTN

Omaha, Nebraska, United States

Category Company
Founded 1984
Sector Business Services
DESCRIPTION

DTN is a providor of time-sensitive, specialized meteorological and business information, analysis and integration tools to over a dozen different market segments using a combination of internet, satellite and direct data-feed.


Deal Context for Buyer #
Overall 5 of 13
Sector: Information Technology 2 of 2
Type: Add-on Acquisition 4 of 10
State: Oklahoma 1 of 1
Country: United States 4 of 10
Year: 2018 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 MeteoGroup

London, United Kingdom

MeteoGroup Ltd. is the global weather authority. Company combine accurate science with advanced technology and local expertise with global reach. MeteoGroup is trusted by hundreds of government agencies, thousands of companies and millions of consumers. With offices in 12 countries around the world, MeteoGroup is perfectly placed to provide local services to a global audience.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-10 PraxSoft

Orlando, Florida, United States

PraxSoft, Inc. is a provider of sensor interface and communications technology which collects, processes and transmits real-time data from a myriad of sensor devices to produce actionable information. PraxSoft, Inc. is based in Orlando, Florida.

Buy -