M&A Deal Summary

Netezza Acquires NuTech Solutions

On May 15, 2008, Netezza acquired software company NuTech Solutions

Acquisition Highlights
  • This is Netezza’s 1st transaction in the Software sector.
  • This is Netezza’s 1st transaction in the United States.
  • This is Netezza’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2008-05-15
Target NuTech Solutions
Sector Software
Buyer(s) Netezza
Deal Type Add-on Acquisition
Advisor(s) DecisionPoint Advisors
7 Mile Advisors (Financial)

Target

NuTech Solutions

Marlborough, Massachusetts, United States
NuTech Solutions, Inc. delivers innovative solutions, powered by Intelligent Business Engines™ that forecast, optimize and learn – delivering insight and measurable results to Global 1000 companies. Our solutions are designed to solve complex problems in a variety of industries, including automotive, consumer goods, petroleum/energy, natural resources and national security.

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Buyer(S) 1

Buyer

Netezza

Marlborough, Massachusetts, United States

Category Company
Founded 2000
Sector Software
Employees469
Revenue 190M USD (1970)
DESCRIPTION

Netezza Corp. is a developer of data warehouse and analytics software solutions for companies in the United States and internationally.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1