M&A Deal Summary

Pegasystems Acquires Infruid Labs

On February 5, 2019, Pegasystems acquired software company Infruid Labs

Acquisition Highlights
  • This is Pegasystems’ 6th transaction in the Software sector.
  • This is Pegasystems’ 6th transaction in the United States.
  • This is Pegasystems’ 1st transaction in Delaware.

M&A Deal Summary
Date 2019-02-05
Target Infruid Labs
Sector Software
Buyer(s) Pegasystems
Deal Type Add-on Acquisition

Target

Infruid Labs

Lewes, Delaware, United States
Infruid Labs, Inc. is a business analytics and data visualization software company. Our patent-pending instant analytics platform, Vizard, is designed to help business users find patterns in large datasets. Vizard lets users ask questions in English and provides visual insights, presented as interactive charts on any screen (phones, tabs or laptops).

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Buyer(S) 1

Buyer

Pegasystems

Cambridge, Massachusetts, United States
Category Company
Founded 1983
Sector Software
Employees5,406
Revenue 1.4B USD (2023)
DESCRIPTION

Pegasystems is a developer of software application services. Pegasystems was founded in 1983 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 8 of 10
Sector (Software) 6 of 7
Type (Add-on Acquisition) 8 of 10
State (Delaware) 1 of 1
Country (United States) 6 of 7
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 OpenSpan

Alpharetta, Georgia, United States

OpenSpan, Inc. is a privately held software provider of robotic process automation and workforce analytics software. OpenSpan uses robotic automation to ease the burden on customer service representatives (CSRs) by automating routine desktop tasks, thus increasing employee productivity and job satisfaction. By providing insight into desktop activity and automating or eliminating repetitive, time-consuming tasks, OpenSpan frees agents to focus their energy on delivering exceptional customer experience while also helping to lower operational costs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 InTheChat Communications

Waterloo, Ontario, Canada

InTheChat Communications, Inc. (ITC) is an enterprise-grade digital customer service platform provider that unifies text messaging, social media, live chat, email, messengers, and chatbots into a seamless conversation with customers.

Buy -
Mergr

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