M&A Deal Summary

MLOGICA Acquires MD&Profy

On May 27, 2021, MLOGICA acquired information technology company MD&Profy

Acquisition Highlights
  • This is MLOGICA’s 1st transaction in the Information Technology sector.
  • This is MLOGICA’s 1st transaction in Serbia.

M&A Deal Summary
Date 2021-05-27
Target MD&Profy
Sector Information Technology
Buyer(s) MLOGICA
Deal Type Add-on Acquisition

Target

MD&Profy

Belgrade, Serbia
MD&Profy provides products, expert consulting, and support services to design and implement complex IT systems. Leveraging wide-ranging expertise in communications, networking, big data, business intelligence, data warehousing, web applications, and more, they specialize in mission-critical business applications for industries including banking and finance, entertainment, government, and healthcare. MD&Profy is based in Belgrade, Serbia.

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Buyer(S) 1

Buyer

MLOGICA

Las Vegas, Nevada, United States
Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

MLOGICA specializes in migrating complex, legacy on-premise business applications and databases, both mainframe and distributed, to the Cloud. MLOGICA leverages its automated distributed systems modernization software STAR*M, and its mainframe modernization software LIBER*M, to migrate legacy systems to the Cloud. MLOGICA also modernizes big data applications with their hyper-scale petabyte+ big data software CAP*M and their software-driven TRAK*M managed services programs. MLOGICA was founded in 2004 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 1 of 3
Country (Serbia) 1 of 1
Year (2021) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 Atos - LIBER Software Suite

Bezons, France

Atos' LIBER Software Suite toolset lets firms with outdated mainframe applications gain the flexibility, scalability, and adaptability only possible in the cloud—while retaining all the stability and functionality of their existing systems.

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