M&A Deal Summary

Rhapsody Acquires Datica Integration Business

On April 27, 2021, Rhapsody acquired internet software and services company Datica Integration Business from Datica

Acquisition Highlights
  • This is Rhapsody’s 1st transaction in the Internet Software and Services sector.
  • This is Rhapsody’s 2nd transaction in the United States.
  • This is Rhapsody’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2021-04-27
Target Datica Integration Business
Sector Internet Software and Services
Buyer(s) Rhapsody
Sellers(s) Datica
Deal Type Divestiture

Target

Datica Integration Business

Minneapolis, Minnesota, United States
Datica Integration Business provides cloud hosted fully managed data integration solution.

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Buyer(S) 1

Buyer

Rhapsody

Boston, Massachusetts, United States

Category Company
Sector Information Technology
DESCRIPTION

Rhapsody partners with healthcare organizations around the globe delivering cutting-edge solutions to address interoperability challenges. Rhapsody is based in Boston, Massachusetts.


DEAL STATS #
Overall 3 of 3
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-19 Corepoint Health

Frisco, Texas, United States

Corepoint Health is a provider of an internal and external health data integration and exchange for hospitals, radiology centers, laboratories, and clinics.

Buy -

Seller(S) 1

SELLER

Datica

Minneapolis, Minnesota, United States

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Datica is a HIPAA and HITRUST-ready compliance platform that removes the headaches of deploying solutions in the cloud. Datica was founded in 2013 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1