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  5. Lingit Acquires Claro Software

M&A Deal Summary

Lingit Acquires Claro Software

On April 23, 2018, Lingit acquired software company Claro Software

Acquisition Highlights
  • This is Lingit’s 1st transaction in the Software sector.
  • This is Lingit’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-04-23
Target Claro Software
Sector Software
Buyer(s) Lingit
Deal Type Add-on Acquisition

Target

Claro Software

Preston, United Kingdom
Claro Software Ltd. is a software company offering reading and writing support to dyslexics and others with reading and writing difficulties. Claro Software Ltd. was established in 2004 and is based in Preston, United Kingdom.

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Buyer(S) 1

Buyer

Lingit

Trondheim, Norway
Category Company
Founded 2001
Sector Software
Employees14
Revenue 31M NOK (2016)
DESCRIPTION

Lingit is a developer of software that assists with spelling, vocabulary and reading in text processing programs for computers and tablets. Lingit was established in 2001 and is headquartered in Trondheim, Norway.

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 Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1
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