Add-on Acquisition • Software

Kirona Solutions Acquires Xmbrace

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

Acquisition Context

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

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M&A Deal Summary
Date	July 27, 2012
Target	Xmbrace
Sector	Software
Buyer(s)	Kirona Solutions
Deal Type	Add-on Acquisition

Target Company

Xmbrace

Watford, United States

Xmbrace Ltd. is a provider of dynamic scheduling software.

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Buyer Overview 1

Buyer

Kirona Solutions

Cheshire, United Kingdom

Category	Company
Founded	2003
Sector	Business Services
Employees	33

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 Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United States	1 of 1
Year: 2012	1 of 1

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