Add-on Acquisition • Information Technology

Idera Acquires BitTitan

On October 28, 2021, Idera acquired information technology company BitTitan

Acquisition Context
  • This is Idera’s 3rd transaction in the Information Technology sector.
  • This is Idera’s 13th transaction in the United States.
  • This is Idera’s 1st transaction in Washington.

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M&A Deal Summary

Date October 28, 2021
Target BitTitan
Sector Information Technology
Buyer(s) Idera
Deal Type Add-on Acquisition
Advisor(s) William Blair (Financial)

Target Company

BitTitan

Bellevue, Washington, United States
BitTitan is a B2B SaaS company that empowers IT professionals to seamlessly, and in an automated way, migrate employee data, including email, documents, and collaboration files, from one environment to another. BitTitan was formed in 2007 and is based in Bellevue, Washington.
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Buyer Overview 1

Buyer

Idera

Austin, Texas, United States

Category Company
Founded 1999
Sector Software
DESCRIPTION

Idera provides a suite of software tools to technical users, comprising of database, development, DevOps and software testing tools. These include the Idera line of SQL management tools, integrated development environments under the Embarcadero brand, UI components through Sencha, and test management and automation through TestRail and Ranorex. Their tools help database and system administrators maintain the performance and functionality of their systems, software developers produce better products more efficiently, and quality assurance professionals improve collaboration and automation. Idera was founded in 1999 and is headquartered in Austin, Texas.


Deal Context for Buyer #
Overall 19 of 20
Sector: Information Technology 3 of 3
Type: Add-on Acquisition 19 of 20
State: Washington 1 of 1
Country: United States 13 of 13
Year: 2021 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Xblend Software

Lisbon, Portugal

Xblend Software is a provider of two Atlassian Marketplace applications: Xray, the Jira test management, and Xporter, a Jira-based reporting and issue exporting tool.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-22 SaaS Industries

Vienna, Austria

SaaS Industries is an API provider that enables developers to access data and services through API products such as Zenscrape, Zenserp, Reviewapi, Sportdataapi, and other products. SaaS Industries was founded in 2019 and is based in Vienna, Austria.

Buy -