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  6. NearForm Acquires Formidable

M&A Deal Summary

NearForm Acquires Formidable

On October 10, 2023, NearForm acquired information technology company Formidable

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

M&A Deal Summary
Date 2023-10-10
Target Formidable
Sector Information Technology
Buyer(s) NearForm
Deal Type Add-on Acquisition

Target

Formidable

Seattle, Washington, United States
Formidable is a design and engineering consultancy, and open-source software organization, specializing in digital products and transformation. Formidable was founded in 2013 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

NearForm

Waterford, Ireland
Category Company
Founded 2011
Sector Software
DESCRIPTION

NearForm is a global software consultancy, enabling its clients to deliver real and lasting business impact through design and technology. Using open-source software, their digital products deliver secure mobile and web platforms that can scale to meet industry and consumer demands. NearForm was founded in 2011 and is based in Waterford, Ireland.

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: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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