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  6. Finite State Acquires MergeBase

M&A Deal Summary

Finite State Acquires MergeBase

On June 27, 2024, Finite State acquired software company MergeBase

Acquisition Highlights
  • This is Finite State’s 1st transaction in the Software sector.
  • This is Finite State’s 1st transaction in Canada.
  • This is Finite State’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2024-06-27
Target MergeBase
Sector Software
Buyer(s) Finite State
Deal Type Add-on Acquisition

Target

MergeBase

Coquitlam, British Columbia, Canada
MergeBase is a complete software supply chain security solution that combines Software Composition Analysis (SCA), Software Bill of Material (SBOM), and AI-powered Attack Surface Reduction to help teams reduce vulnerabilities in their software and meet compliance requirements. It accelerates remediation with component upgrades and reduces the burden on development teams by automatically eliminating access to unused and vulnerable application components within the target software code. MergeBase is based in Coquitlam, British Columbia.

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Buyer(S) 1

Buyer

Finite State

Columbus, Ohio, United States
Category Company
Sector Information Technology
DESCRIPTION

Finite State provides software risk management solutions for connected devices and software supply chains. The Finite State platform is a central hub for device security, delivering continuous visibility into potential software risks. Finite State is based in Columbus, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2024 M&A 1 of 1
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