M&A Deal Summary

Novell Acquires Cambridge Technology Partners

On March 12, 2001, Novell acquired information technology company Cambridge Technology Partners for 266M USD

Acquisition Highlights
  • This is Novell’s 1st transaction in the Information Technology sector.
  • This is Novell’s largest (disclosed) transaction.
  • This is Novell’s 2nd transaction in the United States.
  • This is Novell’s 1st transaction in Massachusetts.
Investment Fate
  • Cambridge Technology Partners was sold to a strategic buyer in 2008.
  • Cambridge Technology Partners was sold to a strategic buyer in 2014.

M&A Deal Summary

Date 2001-03-12
Target Cambridge Technology Partners
Sector Information Technology
Buyer(s) Novell
Deal Type Add-on Acquisition
Deal Value 266M USD

Target

Cambridge Technology Partners

Cambridge, Massachusetts, United States
Cambridge provides strategic and management consulting as well as systems integration services to transform its clients into e-Businesses.

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Buyer(S) 1

Buyer

Novell

Provo, Utah, United States

Category Company
Founded 1979
Sector Software
Employees3,400
DESCRIPTION

Novell, Inc. is a provider of Intelligent Workload Management software, helps organizations securely deliver and manage computing services across physical, virtual and cloud computing environments. Novell was formed in 1979 and is based in Provo, Utah.


DEAL STATS #
Overall 2 of 8
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 2 of 8
State (Massachusetts) 1 of 4
Country (United States) 2 of 6
Year (2001) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1991-07-17 Digital Research

Monterey, California, United States

Digital Research is a producer of software that controls the basic operations of desktop computers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-04 Ximian

Cambridge, Massachusetts, United States

Ximian is a provider of desktop and server solutions that enable enterprise Linux adoption.

Buy -