M&A Deal Summary

Kirona Solutions Acquires Xmbrace

On July 27, 2012, Kirona Solutions acquired software company Xmbrace

Acquisition Highlights
  • This is Kirona Solutions’ 1st transaction in the Software sector.
  • This is Kirona Solutions’ 1st transaction in the United States.

M&A Deal Summary

Date 2012-07-27
Target Xmbrace
Sector Software
Buyer(s) Kirona Solutions
Deal Type Add-on Acquisition

Target

Xmbrace

Watford, United States
Xmbrace Ltd. is a provider of dynamic scheduling software.

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Buyer(S) 1

Buyer

Kirona Solutions

Cheshire, United Kingdom

Category Company
Founded 2003
Sector Business Services
Employees33
DESCRIPTION

Kirona Solutions Ltd. is mobile cloud platform that enables customers to store and access data securely off site. By hosting this software online rather than through a network, the cloud technology significantly reduces upfront costs whilst adding full scalability benefits.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1