M&A Deal Summary

SAP Acquires Altiscale

On September 27, 2016, SAP acquired internet software and services company Altiscale

Acquisition Highlights
  • This is SAP’s 3rd transaction in the Internet Software and Services sector.
  • This is SAP’s 25th transaction in the United States.
  • This is SAP’s 11th transaction in California.

M&A Deal Summary

Date 2016-09-27
Target Altiscale
Sector Internet Software and Services
Buyer(s) SAP
Deal Type Add-on Acquisition

Target

Altiscale

Palo Alto, California, United States
Altiscale, Inc. is a cloud based platform that provides data ingestion, transformation, analysis and visualization services. Altiscale, Inc. was established in 2011 and is headquartered in Palo Alto, California.

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Buyer(S) 1

Buyer

SAP

Walldorf, Germany

Category Company
Founded 1972
Sector Software
Employees108,929
Revenue 34.2B EUR (2024)
DESCRIPTION
SAP office in Downers Grove, Illinois.
SAP office in Downers Grove, Illinois.

SAP is a multinational software company that makes enterprise software to manage business operations and customer relations. SAP was founded in 1972 and is based in Walldorf, Germany.


DEAL STATS #
Overall 44 of 62
Sector: Internet Software and Services M&A 3 of 11
Type: Add-on Acquisition M&A Deals 44 of 60
State: California M&A 11 of 20
Country: United States M&A 25 of 36
Year: 2016 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-21 Fedem Technology AS

Trondheim, Norway

Fedem Technology AS is a developer and distributor of software for engineering and analysis services. Fedem Technology offers services in the areas of oil & gas, renewable energy, marine and mechanical industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-28 PLAT.ONE

Palo Alto, California, United States

PLAT.ONE is an enterprise-grade IoT solutions platform. PLAT.ONE is designed for large-scale enterprise applications providing robust end-to-end security, reliability and scalability yet open, extensible interfaces and integration.

Buy -