M&A Deal Summary

Open Systems Acquires Born In The Cloud

On May 20, 2020, Open Systems acquired information technology company Born In The Cloud

Acquisition Highlights
  • This is Open Systems’ 2nd transaction in the Information Technology sector.
  • This is Open Systems’ 1st transaction in the United States.
  • This is Open Systems’ 1st transaction in Michigan.

M&A Deal Summary
Date 2020-05-20
Target Born In The Cloud
Sector Information Technology
Buyer(s) Open Systems
Deal Type Add-on Acquisition

Target

Born In The Cloud

Clinton Township, Michigan, United States
Born In The Cloud is an Azure focused cloud security company specialized in cybersecurity threat detection, prevention and response. It focuses on a number of cloud-based security tools in the Microsoft Azure Security Suite. Born In The Cloud was formed in 2011 and is based in Clinton Township, Michigan.

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Buyer(S) 1

Buyer

Open Systems

Zurich, Switzerland
Category Company
Founded 1990
Sector Information Technology
DESCRIPTION

Open Systems is one of the major Secure SD-WAN-as-a-service providers in Europe and the US. Open Systems secures and monitors IT networks and business-critical applications for global enterprises, NGOs, and institutions. Open Systems was founded in 1990 and is based in Zurich, Switzerland.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-28 Sqooba AG

Bern, Switzerland

Sqooba (Schweiz) AG is an artificial intelligence (AI) and machine learning (ML) provider, across the enterprise operations and business applications. Sqooba is based in Bern, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-29 Tiberium

London, United Kingdom

Tiberium is a provider of highly automated managed security services based on Microsoft security solutions. Tiberium is based in London, United Kingdom.

Buy -
Mergr

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