M&A Deal Summary |
|
|---|---|
| Date | 2007-03-01 |
| Target | Softek Storage Solutions |
| Sector | Software |
| Buyer(s) | IBM |
| Sellers(s) |
Updata Partners
Needham Capital Partners Investcorp |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Information Technology |
| Employees | 270,300 |
| Revenue | 62.8B USD (2024) |
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 | 62 of 203 |
| Sector: Software M&A | 43 of 111 |
| Type: Divestiture M&A Deals | 9 of 19 |
| State: Virginia M&A | 1 of 5 |
| Country: United States M&A | 48 of 146 |
| Year: 2007 M&A | 3 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-14 |
Vallent
Bellevue, Washington, United States Vallent Corp. is a software service provider manage the performance of their network infrastructure through monitoring and reporting problem areas such as dropped telephone calls and traffic bottlenecks. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-26 |
Serbian Business Systems
Beograd, Serbia Serbian Business Systems (SBS) is a provider of information technology providing the local market with hardware, software and maintenance services, based on the solutions of several business partners including IBM, Cisco, Symantec and others. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.5B USD |
| Size | Large |
| Type | Sector Focused |
Updata Partners is the investment affiliate of Updata Advisors, an East Coast US based investment bank. Updata Partners looks to invest in growth oriented information technology businesses from early-stage to buyout, with revenues up to $50 million. Updata Partners typically invests between $15 and $150 million as a lead or co-lead investor. Within information technology, Updata has specific interest in; infrastructure software, physical and digital security, storage software, educational software, internet and interactive technology, media and wireless infrastructure and services, financial technology software, retail technology, business intelligence, subscription-based and on-demand information services, and business services. Updata Partners was formed in 1998 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 46 |
| Sector: Software M&A | 5 of 21 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: Virginia M&A | 3 of 7 |
| Country: United States M&A | 8 of 42 |
| Year: 2007 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-01 |
Secure Software
McLean,, Virginia, United States Secure Software provides application-security products and process technology that help organizations cost-effectively eliminate security flaws at the source - insecure software code - in legacy, acquired, and new-start applications |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-04-10 |
ForeSee Results
Ann Arbor, Michigan, United States ForeSee Results, Inc. is a provider of software solutions to retail, financial services, utilities, and the public sector to measure and benchmark a 360-degree view of the customer across every touchpoint in digital, location, and contact center. ForeSee Results was founded in 2001 and is based in Ann Arbor, Michigan. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Needham Capital Partners is the private equity affiliate of mid-market investment bank Needham & Company. Needham Capital targets investments in clean technology, communications, consumer, financial services, healthcare, semiconductor, enterprise software/storage, networking, and industrial service companies. The Firm prefers to act as the lead investor and has a target investment size of $2 to $10 million. Investment proceeds are typically used to finance growth, or fund management buyouts/recapitalizations. Prospective companies are generally located in the US. Needham Capital Partners is based in New York City, with additional offices in Boston, Menlo Park, and San Francisco.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 55 |
| Sector: Software M&A | 13 of 17 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Virginia M&A | 2 of 2 |
| Country: United States M&A | 36 of 54 |
| Year: 2007 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-20 |
Loadstar Sensors
Fremont, California, United States Loadstar Sensors, Inc. designs and manufactures capacitive sensors for automotive, aerospace, medical device and industrial applications. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-20 |
Sensis
Syracuse, New York, United States Sensis Corp. is a provider of air defense, air traffic control, airline and airport operations management, and data integration and distribution. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1982 |
| PE ASSETS | 53.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.
| DEAL STATS | # |
|---|---|
| Overall | 39 of 111 |
| Sector: Software M&A | 7 of 13 |
| Type: Divestiture M&A Deals | 1 of 4 |
| State: Virginia M&A | 4 of 4 |
| Country: United States M&A | 25 of 63 |
| Year: 2007 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-01 |
Skrill Holdings
London, United Kingdom Skrill Holdings Ltd. is a digital payments businesses providing digital wallet solutions and online payment processing capabilities and prepaid online voucher providers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-21 |
InnerWireless
Richardson, Texas, United States InnerWireless, Inc. enables seamless wireless coverage inside large commercial, healthcare and government buildings through a unified broadband distribution platform and provides a real-time location system (RTLS) that provides wireless, high-assurance location tracking over RFID for hospital and corporate assets. InnerWireless' scalable RF platform is engineered to support a full range of wireless services and is future ready so enterprises can add new wireless technologies without disruption. |
Buy | - |
