M&A Deal Summary

HEAT Software USA Acquires Absolute Manage

On September 21, 2015, HEAT Software USA acquired software company Absolute Manage from Absolute

Acquisition Highlights
  • This is HEAT Software USA’s 3rd transaction in the Software sector.
  • This is HEAT Software USA’s 2nd transaction in Canada.

M&A Deal Summary

Date 2015-09-21
Target Absolute Manage
Sector Software
Buyer(s) HEAT Software USA
Sellers(s) Absolute
Deal Type Divestiture

Target

Absolute Manage

Canada
Absolute Manage is a provider of an integrated enterprise mobility management software solutions.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

HEAT Software USA

Milpitas, California, United States

Category Company
Sector Software
DESCRIPTION
HEAT Software's corporate headquarters in Milpitas, California.
HEAT Software's corporate headquarters in Milpitas, California.

HEAT Software USA, Inc. is a provider of hybrid service management and unified endpoint management software solutions for organizations of all sizes. HEAT Software is based in Milpitas, California.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
Country: Canada M&A 2 of 2
Year: 2015 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 Absolute Service

Canada

Absolute Service is an IT Service Management (ITSM) and Help Desk solution that enables automation of Information Technology Infrastructure Library (ITIL) processes such as incident management, request management, and service level management to improve customer assistance, streamline internal costs and verify compliance with policies and regulations.

Buy -

Seller(S) 1

SELLER

Absolute

Vancouver, British Columbia, Canada

Category Company
Founded 1993
Sector Software
Revenue 197M USD (2022)
DESCRIPTION

Absolute Software is a provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute's platform offers a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Absolute was founded in 1993 and is based in Vancouver, Canada.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Canada M&A 2 of 2
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-21 Absolute Service

Canada

Absolute Service is an IT Service Management (ITSM) and Help Desk solution that enables automation of Information Technology Infrastructure Library (ITIL) processes such as incident management, request management, and service level management to improve customer assistance, streamline internal costs and verify compliance with policies and regulations.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 NetMotion Software

Seattle, Washington, United States

NetMotion Software is a privately held software company that develops software for organizations with mobile workforces, focusing on security, management, and optimization of their wireless data deployments. NetMotion Software was founded in 2001 and is based in Seattle, Washington.

Buy $340M