M&A Deal Summary

IBM Acquires Instana

On November 18, 2020, IBM acquired software company Instana

Acquisition Highlights
  • This is IBM’s 100th transaction in the Software sector.
  • This is IBM’s 124th transaction in the United States.
  • This is IBM’s 8th transaction in Illinois.

M&A Deal Summary
Date 2020-11-18
Target Instana
Sector Software
Buyer(s) IBM
Deal Type Add-on Acquisition

Target

Instana

Chicago, Illinois, United States
Instana, Inc. is a provider of Automatic Application Performance Monitoring (APM) solutions for microservices, Instana has developed the automatic monitoring and AI-based analysis DevOps needs to manage the performance of modern applications. Instana is the only APM solution that automatically discovers, maps and visualizes microservice applications without continuous additional engineering. Instana was founded in 2015 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

IBM

Armonk, New York, United States
Category Company
Founded 1911
Sector Information Technology
Employees282,200
Revenue 61.9B USD (2023)
DESCRIPTION
Entrance to IBM's corporate headquarters in Armonk, New York.
Entrance to IBM's corporate headquarters in Armonk, New York.

IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.

DEAL STATS #
Overall 171 of 198
Sector (Software) 100 of 109
Type (Add-on Acquisition) 151 of 175
State (Illinois) 8 of 8
Country (United States) 124 of 142
Year (2020) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-16 TruQua Enterprises

Chicago, Illinois, United States

TruQua Enterprises is an IT services and consulting SAP development partner that specializes in delivering finance and analytics solutions to Fortune 500 companies. TruQua Enterprises was formed in 2010 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 Expertus Technologies

Montreal, Quebec, Canada

Expertus Technologies, Inc. is a pioneer in cloud solutions for the financial services industry. More than 1,000 entities including banks, credit unions, regulatory agencies, and corporates around the globe process an average of over $50 billion daily on its payments platform. Expertus is also one of the largest North American services bureaus of the Society for Worldwide Interbank Financial Transactions (SWIFT), the vast network used by banks and other financial institutions to manage money transfers and treasury transactions. Expertus Technologies, Inc. was founded in 2001 and is based in Montreal, Québec.

Buy -
Mergr

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