M&A Deal Summary

Magnitude Software Acquires Simba Technologies

On August 16, 2016, Magnitude Software acquired software company Simba Technologies

Acquisition Highlights
  • This is Magnitude Software’s 1st transaction in the Software sector.
  • This is Magnitude Software’s 1st transaction in Canada.
  • This is Magnitude Software’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2016-08-16
Target Simba Technologies
Sector Software
Buyer(s) Magnitude Software
Deal Type Add-on Acquisition

Target

Simba Technologies

Vancouver, British Columbia, Canada
Simba Technologies, Inc. is a provider of cross-platform standards-based data access solutions for relational, multi-dimensional and non-relational data sources. Simba provides data connectivity solutions to many companies on various platforms, including Windows, Mac, UNIX, Linux, and many mobile device platforms.

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Buyer(S) 1

Buyer

Magnitude Software

Austin, Texas, United States

Category Company
Founded 2014
Sector Software
DESCRIPTION

Magnitude Software is a provider of Enterprise Information Management software driving real business results for more than 600 active enterprise clients with over 200,000 users in 100 countries. Magnitude Software offers a family of award-winning applications, from business intelligence and data warehousing to master data management, reporting, and analytics. Magnitude Software was founded in 2014 and is based in Austin, Texas.


DEAL STATS #
Overall 2 of 6
Sector: Software M&A 1 of 5
Type: Add-on Acquisition M&A Deals 2 of 6
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-17 Datalytics Technologies

Austin, Texas, United States

Datalytics Technologies LLC is a data warehouse solutions company that enables customers to organize and manage hard-to-understand enterprise resource planning (ERP) data trapped in hybrid systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-25 Agility Multichannel

York, United Kingdom

Agility Multichannel Ltd. is a simple-to-use and highly sophisticated Product Information Management (PIM) solution that puts your most valuable product data at the stable core of a go-anywhere, sell-everywhere commerce strategy. We sell and service customers via: offices in Chicago, US, York, UK, and Malmö, Sweden, and integration and reseller partners throughout the world.

Buy -