M&A Deal Summary

Newgen Software Technologies Acquires Number Theory

On January 18, 2022, Newgen Software Technologies acquired information technology company Number Theory

Acquisition Highlights
  • This is Newgen Software Technologies’ 1st transaction in the Information Technology sector.
  • This is Newgen Software Technologies’ 1st transaction in the United States.
  • This is Newgen Software Technologies’ 1st transaction in Delaware.

M&A Deal Summary
Date 2022-01-18
Target Number Theory
Sector Information Technology
Buyer(s) Newgen Software Technologies
Deal Type Add-on Acquisition

Target

Number Theory

Dover, Delaware, United States
Number Theory is an AI/ML (artificial intelligence and machine learning) data science platform company. Number Theory is based in Dover, Delaware.

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Buyer(S) 1

Buyer

Newgen Software Technologies

New Delhi, India
Category Company
Founded 1992
Sector Software
Employees3,890
Revenue 12.4B INR (2024)
DESCRIPTION

Newgen Software Technologies is a global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), Document Management System (DMS), Workflow and Process Automation. Newgen Software Technologies was founded in 1992 and is based in New Delhi, India.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

Company

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