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  6. Gen Digital Acquires Intec Systems

M&A Deal Summary

Gen Digital Acquires Intec Systems

On September 30, 1994, Gen Digital acquired software company Intec Systems

Acquisition Highlights
  • This is Gen Digital’s 14th transaction in the Software sector.
  • This is Gen Digital’s 14th transaction in the United States.
  • This is Gen Digital’s 1st transaction in Montana.

M&A Deal Summary
Date 1994-09-30
Target Intec Systems
Sector Software
Buyer(s) Gen Digital
Deal Type Add-on Acquisition

Target

Intec Systems

St. Louis, Montana, United States
Intec Systems Corp. is a mobile computing software suite developer for remote users

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Buyer(S) 1

Buyer

Gen Digital

Tempe, Arizona, United States
Category Company
Founded 1982
Sector Information Technology
Employees3,400
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 15 of 78
Sector: Software M&A 14 of 49
Type: Add-on Acquisition M&A Deals 15 of 73
State: Montana M&A 1 of 1
Country: United States M&A 14 of 61
Year: 1994 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-04-05 Central Point Software

Beaverton, Oregon, United States

Central Point Software, Inc. provides software utilities services.

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-11-22 Delrina

Toronto, Ontario, Canada

Delrina Corp. is a provider of software services.

Buy $378M
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