M&A Deal Summary

ESSPL Acquires ION Information Technologies

On May 21, 2015, ESSPL acquired software company ION Information Technologies

Acquisition Highlights
  • This is ESSPL’s 1st transaction in the Software sector.
  • This is ESSPL’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2015-05-21
Target ION Information Technologies
Sector Software
Buyer(s) ESSPL
Deal Type Add-on Acquisition

Target

ION Information Technologies

High Wycombe, United Kingdom
ION Information Technologies Ltd. is a provider of software services.

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Buyer(S) 1

Buyer

ESSPL

Bhubaneswar, Florida, India

Category Company
Founded 1998
Sector Software
DESCRIPTION

ESS is a software development company that provides Custom Software Development, Consultancy, Solutions, Support, and Outsourcing to businesses globally. ESSPL was founded in 1998 and is based in Bhubaneswar, India.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2015 M&A 1 of 1