M&A Deal Summary

Saksoft Acquires Acuma Solutions

On October 3, 2006, Saksoft acquired information technology company Acuma Solutions for 17M USD

Acquisition Highlights
  • This is Saksoft’s 1st transaction in the Information Technology sector.
  • This is Saksoft’s largest (disclosed) transaction.
  • This is Saksoft’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-10-03
Target Acuma Solutions
Sector Information Technology
Buyer(s) Saksoft
Deal Type Add-on Acquisition
Deal Value 17M USD

Target

Acuma Solutions

Manchester, United Kingdom
Acuma Solutions Ltd. is a provider of information value management solutions including business intelligence, data warehousing, data integration, data quality improvement and testing services. Acuma also offers licensing and training services in Business Objects.

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Buyer(S) 1

Buyer

Saksoft

Chennai, India

Category Company
Founded 1999
Sector Information Technology
Employees1,946
Revenue 7.6B INR (2024)
DESCRIPTION

Saksoft is a provider of business intelligence and software solutions to the financial services industry. Saksoft include software products, custom solutions, testing services and resource augmentation services to a global clientele. Saksoft was founded in 1999 and is based in Chennai, India.


DEAL STATS #
Overall 1 of 8
Sector (Information Technology) 1 of 4
Type (Add-on Acquisition) 1 of 7
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-01 Synetairos Technologies

Pune, India

Synetairos Technologies Ltd. is a provider of consulting services to clients in technology and financial services.

Buy -