M&A Deal Summary

Pramati Acquires WaveMaker

On May 1, 2013, Pramati acquired software company WaveMaker from VMware

Acquisition Highlights
  • This is Pramati’s 1st transaction in the Software sector.
  • This is Pramati’s 1st transaction in the United States.
  • This is Pramati’s 1st transaction in California.

M&A Deal Summary

Date 2013-05-01
Target WaveMaker
Sector Software
Buyer(s) Pramati
Sellers(s) VMware
Deal Type Divestiture

Target

WaveMaker

Mountain View, California, United States
WaveMaker provides software that lets non-technical users build standard Java applications with visual drag-and-drop tools instead of writing code.

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Buyer(S) 1

Buyer

Pramati

Hyderabad, India

Category Company
Founded 1998
Sector Software
DESCRIPTION

Pramati is a software engineering firm with over 600 engineers. It is also a technology incubator that builds companies to rapidly capture new market opportunities in the disruptive technologies of social, mobile, cloud and big data.


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: 2013 M&A 1 of 1

Seller(S) 1

SELLER

VMware

Palo Alto, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
Revenue 12.9B USD (2022)
DESCRIPTION
VMware office in Broomfield, Colorado.
VMware office in Broomfield, Colorado.

VMware is a provider of technologies designed to establish secure and reliable IT environments and address a range of complex IT challenges that include cost reduction, operational inefficiencies, access to cloud computing capacity, business continuity and corporate end-user computing device management. VMware's solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed. These internal computing infrastructures can be dynamically extended by customers to the public cloud environment. VMware was formed in 1998 and is based in Palo Alto, California.


DEAL STATS #
Overall 3 of 7
Sector: Software M&A 1 of 3
Type: Divestiture M&A Deals 2 of 5
State: California M&A 2 of 5
Country: United States M&A 3 of 7
Year: 2013 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-09 Shavlik Technologies

New Brighton, Minnesota, United States

Shavlik Technologies provides software solutions that enable customers to manage both physical and virtual machines, deploy software, discover assets, simplify configuration, control power usage and ensure endpoint security.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 Digital Fuel

San Mateo, California, United States

Digital Fuel is an IT financial management (ITFM) tool that provides transparency and control over the costs of cloud environments and quality of IT services. Its suite of products allow businesses to optimize costs and sourcing across internal virtual infrastructure/private cloud and public cloud. Infrastructure teams use Digital Fuel to understand the costs of supplying private and public cloud environments, while CIOs and IT executives can understand the costs of supplying IT services. Digital Fuel is based in San Mateo, California.

Buy -