M&A Deal Summary

Interactive Intelligence Group Acquires Global Software Services

On October 5, 2010, Interactive Intelligence Group acquired software company Global Software Services for 14M USD

Acquisition Highlights
  • This is Interactive Intelligence Group’s 2nd transaction in the Software sector.
  • This is Interactive Intelligence Group’s largest (disclosed) transaction.
  • This is Interactive Intelligence Group’s 2nd transaction in the United States.
  • This is Interactive Intelligence Group’s 1st transaction in Florida.

M&A Deal Summary
Date 2010-10-05
Target Global Software Services
Sector Software
Buyer(s) Interactive Intelligence Group
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

Global Software Services

Jacksonville, Florida, United States
Latitude Software is a provider of debt collection software and services for collection agencies, first-party creditors, debt buyers, and law firms.

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Buyer(S) 1

Buyer

Interactive Intelligence Group

Indianapolis, Indiana, United States
Category Company
Founded 1994
Sector Internet Software and Services
Employees2,309
Revenue 413M USD (2016)
DESCRIPTION

Interactive Intelligence Group, Inc. is a provider of software and services designed to improve the customer experience. The company's 6,000-plus customers worldwide have benefited from its cloud and on-premises solutions for contact center, unified communications, and business process automation.

DEAL STATS #
Overall 2 of 8
Sector (Software) 2 of 6
Type (Add-on Acquisition) 2 of 8
State (Florida) 1 of 1
Country (United States) 2 of 4
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-18 AcroSoft

Columbia, South Carolina, United States

AcroSoft Corp. offers ECM-focused software solutions to the insurance marketplace. AcroSoft adds approximately 50 insurance organizations to its more than 500 existing global insurance providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 Agori Communications

Bad Vilbel, Germany

Agori Communications GmbH is a specializes in the development and deployment of products that create efficiency and productivity gains for insurance operations. AcroSoft provides a suite of tools that enhance legacy applications, extending their value, and augment newer technologies making them even more effective for the end user.

Buy -
Mergr

Product

Company

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