M&A Deal Summary

Rally Software Development Acquires Blue Hole Software - ScrumAway App

On July 14, 2010, Rally Software Development acquired software company Blue Hole Software - ScrumAway App from Blue Hole Software

Acquisition Highlights
  • This is Rally Software Development’s 3rd transaction in the Software sector.
  • This is Rally Software Development’s 3rd transaction in the United States.
  • This is Rally Software Development’s 1st transaction in Colorado.

M&A Deal Summary
Date 2010-07-14
Target Blue Hole Software - ScrumAway App
Sector Software
Buyer(s) Rally Software Development
Sellers(s) Blue Hole Software
Deal Type Divestiture

Target

Blue Hole Software - ScrumAway App

Boulder, Colorado, United States
Blue Hole Software - ScrumAway App is a provides access to the real-time status, progress and quality of agile development projects.

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Buyer(S) 1

Buyer

Rally Software Development

Boulder, Colorado, United States
Category Company
Founded 2001
Sector Internet Software and Services
Employees458
Revenue 74M USD (2014)
DESCRIPTION

Rally Software Development Corp. is a cloud based solution provider for managing Agile software development activities worldwide.

DEAL STATS #
Overall 3 of 4
Sector (Software) 3 of 3
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-14 AgileZen

Akron, Ohio, United States

AgileZen is a simple, elegant project collaboration tool that supports software development by providing a Web-based Kanban board.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-05 Flowdock

Helsinki, Finland

Flowdock Ltd. is a team collaboration app for desktop, mobile & web.

Buy -

Seller(S) 1

SELLER

Blue Hole Software

Boulder, Colorado, United States
Category Company
Sector Software
DESCRIPTION

Blue Hole Software, Inc. is a software developer for iPhones.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Mergr

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