M&A Deal Summary

Gen Digital Acquires Contact Software International

On May 4, 1993, Gen Digital acquired software company Contact Software International for 47M USD

Acquisition Highlights
  • This is Gen Digital’s 10th transaction in the Software sector.
  • This is Gen Digital’s 28th largest (disclosed) transaction.
  • This is Gen Digital’s 9th transaction in the United States.
  • This is Gen Digital’s 1st transaction in Texas.

M&A Deal Summary
Date 1993-05-04
Target Contact Software International
Sector Software
Buyer(s) Gen Digital
Deal Type Add-on Acquisition
Deal Value 47M USD

Target

Contact Software International

Carrollton, Texas, United States
Contact Software International provides software services. Its primary product was the Act! CRM software suite.

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Buyer(S) 1

Buyer

Gen Digital

Tempe, Arizona, United States
Category Company
Founded 1982
Sector Information Technology
Employees2,700
Revenue 3.8B USD (2024)
DESCRIPTION

Gen Digital is a cyber safety company that is dedicated to helping secure the devices, identities, online privacy, and home and family needs of approximately 50 million consumers, providing them with a trusted ally in a complex digital world. Gen Digital was founded in 1982 and is based in Tempe, Arizona.

DEAL STATS #
Overall 10 of 78
Sector (Software) 10 of 49
Type (Add-on Acquisition) 10 of 73
State (Texas) 1 of 4
Country (United States) 9 of 61
Year (1993) 1 of 2
Size (of disclosed) 28 of 45
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-10-09 Certus International

Cleveland, Ohio, United States

Certus International Corp. Certus is the developer of NOVI, an award-winning antivirus product that prevents, detects and repairs viruses on DOS-based PCs and the Certus product, a leading PC systems security product for DOS-based PCs. The acquisition will provide Symantec with immediate entry into the PC systems security market and complements Symantec's efforts in virus protection product development.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1993-10-07 Fifth Generation Systems

United States

Fifth Generation Systems, Inc. provides software utilities services.

Buy $43M
Mergr

Product

Company

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