M&A Deal Summary

Mariner Systems Acquires Infocrossing

On June 1, 2009, Mariner Systems acquired information technology company Infocrossing from Wipro for 600M USD

Acquisition Highlights
  • This is Mariner Systems’ 1st transaction in the Information Technology sector.
  • This is Mariner Systems’ largest (disclosed) transaction.
  • This is Mariner Systems’ 1st transaction in the United States.
  • This is Mariner Systems’ 1st transaction in New Jersey.

M&A Deal Summary
Date 2009-06-01
Target Infocrossing
Sector Information Technology
Buyer(s) Mariner Systems
Sellers(s) Wipro
Deal Type Divestiture
Deal Value 600M USD
Advisor(s) Triple Tree LLC (Financial)

Target

Infocrossing

Leonia, New Jersey, United States
Infocrossing, Inc. provides information technology (IT) outsourcing solutions.

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Buyer(S) 1

Buyer

Mariner Systems

Fremont, California, United States
Category Company
Founded 1982
Sector Information Technology
DESCRIPTION

MARSYS is a global provider of advanced IT business solutions, with 28 years of service to the global Fortune 500 and a robust technology infrastructure on five continents. MARSYS is a provider of information and data integrity solutions, as well as enterprise class, web-based, on-demand digital media delivery services. It leverages a global platform and tier-1 infrastructure with tactical operations centers and points of presence in 22 countries to intelligently deliver digital media across the globe to DooH, place based networks.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Wipro

Bengaluru, India
Category Company
Founded 1945
Sector Information Technology
Employees220,000
Revenue 897.6B INR (2024)
DESCRIPTION

Wipro is a global information technology, consulting, and outsourcing company with 145,000 employees serving over 900 clients in 60 countries. The company helps customers to do business better by leveraging its industry-wide experience, deep technology expertise, comprehensive portfolio of services, and a vertically aligned business model. Wipro was founded in 1945 and is based in Bengaluru, India.

DEAL STATS #
Overall 1 of 5
Sector (Information Technology) 1 of 4
Type (Divestiture) 1 of 5
State (New Jersey) 1 of 2
Country (United States) 1 of 3
Year (2009) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-23 Citi Technology Services

Mumbai,, India

Citi Technology Services, a provider of information technology services and solutions to Citi entities worldwide.

Buy $127M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-02 Crelint Oy

Rovaniemi, Finland

Crelint Oy is a provider of R&D and IT services to customers in the telecommunications and enterprise IT solutions space.

Sell -
Mergr

Product

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