M&A Deal Summary

MLOGICA Acquires Technoland Arabia

On August 3, 2021, MLOGICA acquired information technology company Technoland Arabia

Acquisition Highlights
  • This is MLOGICA’s 2nd transaction in the Information Technology sector.
  • This is MLOGICA’s 1st transaction in Bahrain.

M&A Deal Summary

Date 2021-08-03
Target Technoland Arabia
Sector Information Technology
Buyer(s) MLOGICA
Deal Type Add-on Acquisition

Target

Technoland Arabia

Seef, Bahrain
Technoland Arabia provides user-friendly, supreme digitalisation solutions that generate additional revenue and deliver the highest return on investment. Technoland Arabia is based in Seef, Bahrain.

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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 3 of 4
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 2 of 3
Country (Bahrain) 1 of 1
Year (2021) 3 of 4
PREVIOUS 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Atos' LIBER Software Suite toolset lets firms with outdated mainframe applications gain the flexibility, scalability, and adaptability only possible in the cloud—while retaining all the stability and functionality of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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-05 Reverse Paradigm

Coriano, Italy

Reverse Paradigm provides creative solutions to clients around the world, creating things that get attention and meaningful. The Company's suite of products assists you in all the phases of your modernization journey: from the cataloging of the existing applications to the automated conversion with our quick, low risk, and cost-effective process. Reverse Paradigm was founded in 2017 and is based in Coriano, Italy.

Buy -