M&A Deal Summary

Lotus Development Acquires Software Arts

On April 9, 1985, Lotus Development acquired software company Software Arts

Acquisition Highlights
  • This is Lotus Development’s 1st transaction in the Software sector.
  • This is Lotus Development’s 1st transaction in the United States.
  • This is Lotus Development’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 1985-04-09
Target Software Arts
Sector Software
Buyer(s) Lotus Development
Deal Type Add-on Acquisition

Target

Software Arts

Cambridge, Massachusetts, United States
Software Arts is the producer of the Visicalc spreadsheet program.

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Buyer(S) 1

Buyer

Lotus Development

Cambridge, Massachusetts, United States
Category Company
Founded 1982
Sector Software
DESCRIPTION

Lotus Development Corp. is a software company focused on business applications.

DEAL STATS #
Overall 1 of 3
Sector (Software) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (Massachusetts) 1 of 1
Country (United States) 1 of 3
Year (1985) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1990-11-01 Samna

Atlanta, Georgia, United States

Samna was a software company that produced Samna Word, a DOS based word-processing system.

Buy $65M
Mergr

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