M&A Deal Summary

SAS Institute Acquires Memex Technology

On June 23, 2010, SAS Institute acquired software company Memex Technology

Acquisition Highlights
  • This is SAS Institute’s 9th transaction in the Software sector.
  • This is SAS Institute’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2010-06-23
Target Memex Technology
Sector Software
Buyer(s) SAS Institute
Deal Type Add-on Acquisition

Target

Memex Technology

East Kilbride, United Kingdom
Memex is a worldwide leader in intelligence management solutions helping to improve intelligence processes, enhance public safety, and prevent and deter criminal acts.

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Buyer(S) 1

Buyer

SAS Institute

Cary, North Carolina, United States

Category Company
Sector Software
DESCRIPTION

SAS is the leader in business intelligence software and services. With customers at 40,000 sites across the globe at the time of the acquisition, SAS solutions are used to manage and gain insights from vast amounts of data and is used for decision making, compliance with governmental regulations and research.


DEAL STATS #
Overall 10 of 17
Sector: Software M&A 9 of 12
Type: Add-on Acquisition M&A Deals 10 of 16
Country: United Kingdom M&A 1 of 3
Year: 2010 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-04 IDeaS

United States

IDeaS is a provider of enterprise revenue management and optimization solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-16 Vision Systems & Technology

Ellicott City, Maryland, United States

VSTI is a provider of advanced software systems that assist with high-volume contextual data reduction, analytic discovery, information dissemination, and alerting of the intelligence analysis within the US federal government IC.

Buy -