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  6. GROUP Business Software AG Acquires Permessa

M&A Deal Summary

GROUP Business Software AG Acquires Permessa

On February 10, 2011, GROUP Business Software AG acquired software company Permessa

Acquisition Highlights
  • This is GROUP Business Software AG’s 1st transaction in the Software sector.
  • This is GROUP Business Software AG’s 1st transaction in the United States.
  • This is GROUP Business Software AG’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2011-02-10
Target Permessa
Sector Software
Buyer(s) GROUP Business Software AG
Deal Type Add-on Acquisition

Target

Permessa

Waltham, Massachusetts, United States
Permessa Corp. is a provider of email and Sametime monitoring, security, and corporate and regulatory policy enforcement.

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Buyer(S) 1

Buyer

GROUP Business Software AG

Eisenach, Germany
Category Company
Sector Software
DESCRIPTION

GROUP Business Software Corporation AG (Group Business Software) is a provider of software and custom enterprise application solutions on the IBM Lotus Notes Domino platform.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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