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M&A Deal Summary

Ingenious Technologies AG Acquires Qyotta UG

On August 1, 2016, Ingenious Technologies AG acquired software company Qyotta UG

Acquisition Highlights
  • This is Ingenious Technologies AG’s 1st transaction in the Software sector.
  • This is Ingenious Technologies AG’s 1st transaction in Georgia.

M&A Deal Summary
Date 2016-08-01
Target Qyotta UG
Sector Software
Buyer(s) Ingenious Technologies AG
Deal Type Add-on Acquisition

Target

Qyotta UG

Berlin, Georgia
Qyotta UG is a software development company. Qyotta business includes software development in Java and new web technologies.

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Buyer(S) 1

Buyer

Ingenious Technologies AG

Berlin, Germany
Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Ingenious Technologies AG is a developer and operator of cloud based platform focused on event driven business analytics through marketing automation for merchants, service providers, portals, marketplaces and intermediaries selling goods digitally.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Georgia M&A 1 of 1
Year: 2016 M&A 1 of 1
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