M&A Deal Summary

Lionbridge AI Acquires eTesting Labs

On July 15, 2002, Lionbridge AI acquired test/measurement equipment company eTesting Labs from Ziff Davis

Acquisition Highlights
  • This is Lionbridge AI’s 1st transaction in the Test/Measurement Equipment sector.
  • This is Lionbridge AI’s 1st transaction in the United States.
  • This is Lionbridge AI’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2002-07-15
Target eTesting Labs
Sector Test/Measurement Equipment
Buyer(s) Lionbridge AI
Sellers(s) Ziff Davis
Deal Type Divestiture
Advisor(s) Ewing Bemiss & Co. (Financial)

Target

eTesting Labs

Morrisville, North Carolina, United States
eTesting Labs, Inc. is a provider of outsourced information technology testing services.

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Buyer(S) 1

Buyer

Lionbridge AI

Waltham, Massachusetts, United States

Category Company
Founded 1996
Sector Information Technology
Employees5,500
Revenue 560M USD (2015)
DESCRIPTION

Lionbridge Technologies is a provider of translation, development and testing solutions that enable clients to create, release, manage and maintain their technology applications and Web content globally. Lionbridge enables more than 800 world-leading brands to increase international market share, speed adoption of products and effectively engage their customers in local markets worldwide. Using our innovative cloud technology platforms and our global crowd of more than 100,000 professional cloud workers, we provide translation, online marketing, global content management and application testing solutions that ensure global brand consistency, local relevancy and technical usability across all touch points of the customer lifecycle. Lionbridge Technologies was founded in 1996 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 1 of 10
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 6
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-01 Bowne Global Solutions

New York, New York, United States

Bowne Global Solutions, Inc. is a provider of IT services.

Buy -

Seller(S) 1

SELLER

Ziff Davis

New York, New York, United States

Category Company
Founded 1999
Sector Media
DESCRIPTION

Ziff Davis is a digital media company specializing in the technology market, reaching over 7 million highly engaged in-market buyers and influencers every month. Ziff Davis sites, which feature trusted and comprehensive evaluations of the newest and hottest products, include PCMag.com, ExtremeTech, GearLog, GoodCleanTech, DL.tv, AppScout, CrankyGeeks, Smart Device Central and TechSaver.com. Ziff Davis was founded in 1999 and is based in New York City.


DEAL STATS #
Overall 1 of 2
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2002) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-24 Focus Research

San Francisco, California, United States

Focus Research, Inc. is a provider of online research to enterprise buyers and high-quality leads to IT vendors.

Buy -