M&A Deal Summary

Security On-Demand Acquires Infobright Corp - Approximate Query

On May 31, 2017, Security On-Demand acquired information technology company Infobright Corp - Approximate Query from Infobright

Acquisition Highlights
  • This is Security On-Demand’s 1st transaction in the Information Technology sector.
  • This is Security On-Demand’s 1st transaction in the United States.
  • This is Security On-Demand’s 1st transaction in Texas.

M&A Deal Summary

Date 2017-05-31
Target Infobright Corp - Approximate Query
Sector Information Technology
Buyer(s) Security On-Demand
Sellers(s) Infobright
Deal Type Divestiture

Target

Infobright Corp - Approximate Query

Austin, Texas, United States
Infobright Corp - Approximate Query is a provider of data scientists in large-scale data analytics who used Rough Set Math Theory to develop the world’s first AQ analytics engine.

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Buyer(S) 1

Buyer

Security On-Demand

San Diego, California, United States

Category Company
Sector Information Technology
DESCRIPTION

Security On-Demand provides 24×7 advanced cyber-threat detection services for mid-market companies and state and local government agencies. SOD’s patented, behavioral analytics technology platform, ThreatWatch® enables the detection of advanced threats that help protect brand value and reduce the risk of a data breach. Security On-Demand is headquartered in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

Infobright

United States

Category Company
Sector Information Technology
DESCRIPTION

Infobright Corp. is an open source data warehousing company, has pioneered the development of self-managing data warehouse software. The critical need for business intelligence, coupled with the dramatic growth of corporate data, has outpaced IT's resources and budget within many companies.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-31 Infobright Enterprise Edition

Toronto, Ontario, Canada

Infobright Enterprise Edition is a self-contained, analytic database solution providing dramatic performance and low cost-of-ownership for thousands of users worldwide, including OEM partners who have deployed IEE as part of an integrated offering, and end-user customers. Infobright Enterprise Edition was founded in 2005 and is based in Toronto, Ontario.

Sell -