M&A Deal Summary

Sauce Labs Acquires Backtrace

On July 6, 2021, Sauce Labs acquired software company Backtrace

Acquisition Highlights
  • This is Sauce Labs’ 1st transaction in the Software sector.
  • This is Sauce Labs’ 1st transaction in the United States.
  • This is Sauce Labs’ 1st transaction in New York.

M&A Deal Summary

Date 2021-07-06
Target Backtrace
Sector Software
Buyer(s) Sauce Labs
Deal Type Add-on Acquisition

Target

Backtrace

New York, New York, United States
Backtrace is a provider of error monitoring solutions for software teams. The company enables organizations to mitigate application risk and improve digital quality by empowering development teams to rapidly deploy code with the confidence that they can quickly identify and remediate bugs across their environments including production. Backtrace was formed in 2014 and is based in New York, New York.

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Buyer(S) 1

Buyer

Sauce Labs

San Francisco, California, United States

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Sauce Labs is a provider of a cloud-based platform for the automated testing of web and mobile applications. Sauce Labs was founded in 2008 and is based in San Francisco, California.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-08 TestObject

Berlin, Germany

TestObject GmbH is a provider of real device mobile app testing platform. TestObject GmbH was established in 2012 and is headquartered in Berlin, Germany.

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