M&A Deal Summary

Hortonworks Acquires SequenceIQ

On April 13, 2015, Hortonworks acquired internet software and services company SequenceIQ from Euroventures

Acquisition Highlights
  • This is Hortonworks’ 1st transaction in the Internet Software and Services sector.
  • This is Hortonworks’ 1st transaction in Hungary.

M&A Deal Summary

Date 2015-04-13
Target SequenceIQ
Sector Internet Software and Services
Buyer(s) Hortonworks
Sellers(s) Euroventures
Deal Type Add-on Acquisition

Target

SequenceIQ

Budapest, Hungary
SequenceIQ, Inc. is a provider of innovative products such as Cloudbreak, an elastic and cloud agnostic deployment solution for HDP clusters, and Periscope, which provides policy-based autoscaling for multi-tenant HDP clusters.

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Buyer(S) 1

Buyer

Hortonworks

Santa Clara, California, United States

Category Company
Founded 2011
Sector Software
DESCRIPTION

Hortonworks is a provider of enterprise-grade, global data management platforms, services, and solutions that deliver actionable intelligence from any type of data for over half of the Fortune 100. Hortonworks is committed to driving innovation in open source communities, providing unique value to enterprise customers. Along with its partners, Hortonworks provides technology, expertise, and support so that enterprise customers can adopt a modern data architecture. Hortonworks is based in Santa Clara, California.


DEAL STATS #
Overall 2 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Hungary M&A 1 of 1
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-15 XA Secure

Fremont, California, United States

XA Secure provides an enterprise ready, cross-platform, security layer built from the ground up for Hadoop, providing centralized capabilities around data security, authorization, auditing and overall governance.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 Onyara

Eldersburg, Maryland, United States

Onyara, Inc. is a provider of Apache NiFi, a top-level open source project.

Buy -

Seller(S) 1

SELLER

Euroventures

Budapest, Hungary

Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 110M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Euroventures Zrt. is a private equity firm that targets smaller company investments in Central Europe. Euroventures looks to partner with management and will consider businesses in a wide range of sectors. The Firm targets businesses valued between EUR5 and EUR30 million. Euroventures was formed in 1989 and is based in Budapest, Hungary.


DEAL STATS #
Overall 6 of 8
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Hungary M&A 3 of 4
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-25 SequenceIQ

Budapest, Hungary

SequenceIQ, Inc. is a provider of innovative products such as Cloudbreak, an elastic and cloud agnostic deployment solution for HDP clusters, and Periscope, which provides policy-based autoscaling for multi-tenant HDP clusters.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Fürgefutár

Budapest, Hungary

Fürgefutár is a provider of low-cost international logistics solutions. Fürgefutár was founded in 2010 and is based in Budapest, Hungary.

Buy -