M&A Deal Summary

Level 3 Communications Acquires CorpSoft

On March 14, 2002, Level 3 Communications acquired software company CorpSoft for 89M USD

Acquisition Highlights
  • This is Level 3 Communications’ 2nd transaction in the Software sector.
  • This is Level 3 Communications’ 11th largest (disclosed) transaction.
  • This is Level 3 Communications’ 1st transaction in the United States.
  • This is Level 3 Communications’ 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2002-03-14
Target CorpSoft
Sector Software
Buyer(s) Level 3 Communications
Deal Type Add-on Acquisition
Deal Value 89M USD

Target

CorpSoft

Norwood, Massachusetts, United States
Corporate Software is a provider in the field of software marketing, procurement and license management. It is a key distributor of software products from Microsoft, IBM/Lotus, Novell, Sun Microsystems, Computer Associates, Symantec and 200 other software publishers.

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Buyer(S) 1

Buyer

Level 3 Communications

Broomfield, Colorado, United States

Category Company
Founded 1884
Sector Communications
Employees12,500
Revenue 8.2B USD (2015)
DESCRIPTION
Level 3 Communications' corporate headquarters in Broomfield, Colorado.
Level 3 Communications' corporate headquarters in Broomfield, Colorado.

Level 3 Communications, Inc. is a provider of local, national and global communications services to enterprise, government and carrier customers. Level 3’s portfolio of managed solutions includes fiber and infrastructure solutions, IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 Communications, Inc. was originally established in 1884 and is headquartered in Broomfield, Colorado.


DEAL STATS #
Overall 4 of 21
Sector (Software) 2 of 3
Type (Add-on Acquisition) 4 of 17
State (Massachusetts) 2 of 4
Country (United States) 1 of 15
Year (2002) 2 of 5
Size (of disclosed) 11 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Rebar

Norwood, Massachusetts,

Rebar, LLC distributes integrated personal computer business software and technology services to major corporations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-05-02 Software Spectrum

Garland, Texas, United States

Software Spectrum, Inc. is a provider of business-to-business IT solutions and services, with particular expertise in the selection, purchase and management of software.

Buy $122M