M&A Deal Summary

HNC Software Acquires Celerity Technologies

On April 17, 2000, HNC Software acquired information services company Celerity Technologies

Acquisition Highlights
  • This is HNC Software’s 1st transaction in the Information Services sector.
  • This is HNC Software’s 1st transaction in the United States.
  • This is HNC Software’s 1st transaction in Ohio.

M&A Deal Summary

Date 2000-04-17
Target Celerity Technologies
Sector Information Services
Buyer(s) HNC Software
Deal Type Add-on Acquisition

Target

Celerity Technologies

Dublin, Ohio, United States
Celerity Technologies provides connectivity and value-added networks that support claims processing for the workers' compensation industry.

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Buyer(S) 1

Buyer

HNC Software

San Diego, California, United States

Category Company
Founded 1986
Sector Software
Employees1,270
DESCRIPTION

HNC Software, Inc. is a provider of high-end analytic and decision management software.


DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1