M&A Deal Summary

Planview Acquires Spigit

On December 20, 2018, Planview acquired software company Spigit from Mindjet

Acquisition Highlights
  • This is Planview’s 3rd transaction in the Software sector.
  • This is Planview’s 4th transaction in the United States.
  • This is Planview’s 2nd transaction in California.

M&A Deal Summary

Date 2018-12-20
Target Spigit
Sector Software
Buyer(s) Planview
Sellers(s) Mindjet
Deal Type Divestiture

Target

Spigit

Pleasanton, California, United States
Spigit, Inc. is an early-stage software company that provides innovation/idea management services to enterprise customers. It provides customers with collaborative, social networking tools to engage employees and customers for business innovation and idea discovery. Users submit, review, vote and provide feedback on ideas on the platform. Spigit was founded in 2007 and is based in Pleasanton, California.

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Buyer(S) 1

Buyer

Planview

Austin, Texas, United States

Category Company
Founded 1989
Sector Software
DESCRIPTION

Planview is a provider of IT Governance software solutions to the Global 2000 with applications that help companies optimize the utilization of resources and manage/monitor IT projects. Planview was formed in 1989 and is based in Austin, Texas.


DEAL STATS #
Overall 5 of 11
Sector: Software M&A 3 of 8
Type: Divestiture M&A Deals 1 of 1
State: California M&A 2 of 6
Country: United States M&A 4 of 8
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-11 LeanKit

Franklin, Tennessee, United States

LeanKit, Inc. is a provider of an enterprise Kanban tool, helping organizations visualize work, optimize processes, and deliver value faster. LeanKit was founded in 2009 and is based in Franklin, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Clarizen

San Mateo, California, United States

Clarizen, Inc. is an Enterprise Collaborative Work Management software that connects work across the enterprise, turning ideas into strategies, plans, and actions. With Clarizen, organizations can work the way they want to work and have real-time visibility into all their workstreams. Clarizen is based in San Mateo, California.

Buy -

Seller(S) 1

SELLER

Mindjet

San Francisco, California, United States

Category Company
Founded 1994
Sector Software
DESCRIPTION

Mindjet, the developer of the popular MindManager mind mapping software program and team collaboration tools.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-16 Spigit

Pleasanton, California, United States

Spigit, Inc. is an early-stage software company that provides innovation/idea management services to enterprise customers. It provides customers with collaborative, social networking tools to engage employees and customers for business innovation and idea discovery. Users submit, review, vote and provide feedback on ideas on the platform. Spigit was founded in 2007 and is based in Pleasanton, California.

Buy -