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  5. icubic AG Acquires HighQIT for the financial industry

M&A Deal Summary

icubic AG Acquires HighQIT for the financial industry

On March 18, 2013, icubic AG acquired information technology company HighQIT for the financial industry

Acquisition Highlights
  • This is icubic AG’s 1st transaction in the Information Technology sector.
  • This is icubic AG’s 1st transaction in Germany.

M&A Deal Summary
Date 2013-03-18
Target HighQIT for the financial industry
Sector Information Technology
Buyer(s) icubic AG
Deal Type Add-on Acquisition

Target

HighQIT for the financial industry

Frankfurt am Main, Germany
HighQIT for the financial industry GmbH is a provider of an IT consulting services focusing on the professional and technical integration/development of bank operational systems.

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Buyer(S) 1

Buyer

icubic AG

Magdeburg, Germany
Category Company
Founded 1999
Sector Software
DESCRIPTION

icubic AG is a producer and distributor of software solutions for financial institutions in Germany and internationally.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1
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