M&A Deal Summary

Scope Technologies Acquires Cloud Codes

On August 20, 2025, Scope Technologies acquired software company Cloud Codes from Plurilock for 2M CAD

Acquisition Highlights
  • This is Scope Technologies’ 1st transaction in the Software sector.
  • This is Scope Technologies’ 0th largest (disclosed) transaction.
  • This is Scope Technologies’ 1st transaction in India.

M&A Deal Summary

Date 2025-08-20
Target Cloud Codes
Sector Software
Buyer(s) Scope Technologies
Sellers(s) Plurilock
Deal Type Divestiture
Deal Value 2M CAD

Target

Cloud Codes

Pune, India
Cloud Codes delivers secure Single Sign-On (SSO), identity management, and distributed storage solutions for enterprises worldwide by providing scalable and high-availability platforms. Cloud Codes was formed in 2011 and is based in Pune, India.

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Buyer(S) 1

Buyer

Scope Technologies

Vancouver, British Columbia, Canada

Category Company
Sector Information Technology
DESCRIPTION

Scope Technologies is a quantum-secure infrastructure, specializing in protecting sensitive data with innovations in post-quantum storage and authentication. It is developing solutions to meet the growing enterprise demand for cryptographic resilience, empowering organizations to safeguard critical systems today while preparing for the quantum era. Scope Technologies is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Plurilock

Victoria, British Columbia, Canada

Category Company
Sector Information Technology
DESCRIPTION

Plurilock provides advanced cybersecurity solutions and critical services to governments and Global 2000 companies. It enables organizations to solve seemingly impossible problems, achieve compliance, attain leadership in their verticals, and drive productivity and morale. Plurilock is based in Victoria, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 Cloud Codes

Pune, India

Cloud Codes delivers secure Single Sign-On (SSO), identity management, and distributed storage solutions for enterprises worldwide by providing scalable and high-availability platforms. Cloud Codes was formed in 2011 and is based in Pune, India.

Buy $2M