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  6. Matrix42 Acquires Firescope

M&A Deal Summary

Matrix42 Acquires Firescope

On July 7, 2020, Matrix42 acquired information technology company Firescope

Acquisition Highlights
  • This is Matrix42’s 1st transaction in the Information Technology sector.
  • This is Matrix42’s 1st transaction in the United States.
  • This is Matrix42’s 1st transaction in California.

M&A Deal Summary
Date 2020-07-07
Target Firescope
Sector Information Technology
Buyer(s) Matrix42
Deal Type Add-on Acquisition

Target

Firescope

Huntington Beach, California, United States
FireScope is an innovative cloud-based asset intelligence and IT service management solution provider. FireScope’s Secure Discovery and Dependency Mapping (SDDM) and Service Performance and Analytics solutions help companies discover the technology assets touching their network – both owned and unowned - and maps their inter-dependencies to provide a clear understanding of the business impact of those assets. FireScope’s tools provide persistent observation, dependency mapping, and performance monitoring to uncover the true business intelligence of your assets, services, and cloud migrations. FireScope was formed in 2006 and is based in Huntington Beach, California.

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Buyer(S) 1

Buyer

Matrix42

Frankfurt, Germany
Category Company
Founded 1992
Sector Software
DESCRIPTION

Matrix42 is a provider of innovative software for IT Workspace Management. The Matrix42 software automates IT processes, license management, and support functionalities and thereby significantly raises the efficiency of the client’s IT department. The flexibility and scalability of the software allow Matrix42 to serve a broad range of companies, beginning with small and mid-sized enterprises up to large blue-chip corporations. Matrix42 was founded in 1992 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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