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  5. Kurtosys Acquires Sponge

M&A Deal Summary

Kurtosys Acquires Sponge

On August 3, 2011, Kurtosys acquired internet software and services company Sponge

Acquisition Highlights
  • This is Kurtosys’ 1st transaction in the Internet Software and Services sector.
  • This is Kurtosys’ 1st transaction in the United States.

M&A Deal Summary
Date 2011-08-03
Target Sponge
Sector Internet Software and Services
Buyer(s) Kurtosys
Deal Type Add-on Acquisition

Target

Sponge

United States
Sponge is a provider of question and answer (Q&A) platform that enables online communities.

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Buyer(S) 1

Buyer

Kurtosys

London, United Kingdom
Category Company
Founded 2002
Sector Software
DESCRIPTION

Kurtosys is a provider of digital marketing and client reporting tools that enables asset managers to retain investor assets. Kurtosys was founded in 2002 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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