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M&A Deal Summary

Proemion Acquires TrendMiner

On April 18, 2024, Proemion acquired software company TrendMiner from Software AG

Acquisition Highlights
  • This is Proemion’s 1st transaction in the Software sector.
  • This is Proemion’s 1st transaction in Belgium.

M&A Deal Summary
Date 2024-04-18
Target TrendMiner
Sector Software
Buyer(s) Proemion
Sellers(s) Software AG
Deal Type Divestiture

Target

TrendMiner

Hasselt, Belgium
TrendMiner is an industrial analytics company providing visual data analytics for manufacturing and processing industries. The company software is based on a high-performance analytics engine for processing data captured in time series. TrendMiner was founded in 2008 and is based in Hasselt, Belgium.

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Buyer(S) 1

Buyer

Proemion

Fulda, Germany
Category Company
Founded 1987
Sector Information Technology
DESCRIPTION

Proemion is a global provider of advanced data and analytics technology for global industrial OEMs and operators. Proemion was formed in 1987 and is based in Fulda, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Belgium) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Software AG

Darmstadt, Germany
Category Company
Founded 1969
Sector Software
Employees4,707
Revenue 958M EUR (2022)
DESCRIPTION
Software AG office in Dubai, United Arab Emirates.
Software AG office in Dubai, United Arab Emirates.

Software AG is a provider of infrastructure software. The Company conducts its operations through two business divisions: enterprise transaction systems and webmethods. Software AG was founded in 1969 and is based in Darmstadt, Germany.

DEAL STATS #
Overall 3 of 4
Sector (Software) 3 of 3
Type (Divestiture) 3 of 4
Country (Belgium) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-18 StreamSets

San Francisco, California, United States

StreamSets provides an innovative data operations platform that reinvents how enterprises deliver timely and trustworthy data to their critical applications. StreamSets Data Collector is an open source software for the development of any-to-any dataflows. StreamSets Dataflow Performance Manager provides a comprehensive control panel for managing the day-to-day operation of complex dataflow topologies. StreamSets was founded in 2014 and is based in San Francisco, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-20 Cumulocity

Dusseldorf, Germany

Cumulocity is a developer of an innovative solutions for the Internet of Things (IoT) offering connectivity for networked digital devices and sensors through a cloud-hosted IoT device management and application enablement platform. Cumulocity was founded in 2010 and is based in Dusseldorf, Germany.

Sell -
Mergr

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