M&A Deal Summary

SmartBear Acquires CrossBrowserTesting.com

On May 4, 2016, SmartBear acquired internet software and services company CrossBrowserTesting.com

Acquisition Highlights
  • This is SmartBear’s 2nd transaction in the Internet Software and Services sector.
  • This is SmartBear’s 3rd transaction in the United States.
  • This is SmartBear’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2016-05-04
Target CrossBrowserTesting.com
Sector Internet Software and Services
Buyer(s) SmartBear
Deal Type Add-on Acquisition

Target

CrossBrowserTesting.com

Germantown, Tennessee, United States
CrossBrowserTesting.com LLC is a cloud testing platform company provides organizations easy access to highly secured, scalable and readily available cloud infrastructure, which contains more than 1,500 mobile and desktop browsers in 65 operating systems, including iOS, Android and Windows.

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Buyer(S) 1

Buyer

SmartBear

Somerville, Massachusetts, United States
Category Company
Founded 1999
Sector Software
Employees170
DESCRIPTION

SmartBear is a software testing tools company that provides quality and performance management solutions used by more than one million software development and operations professionals worldwide. SmartBear was established in 1999 and is headquartered in Somerville, Massachusetts.

DEAL STATS #
Overall 5 of 15
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 4 of 12
State (Tennessee) 1 of 1
Country (United States) 3 of 7
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-25 Swagger

Somerville, Massachusetts, United States

Swagger is an API description format used by developers in almost every modern programming language and deployment environment to design and deliver APIs that fuel IoT, microservices and mobile applications in the connected world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-09 Hiptest

Besançon, France

Hiptest, Inc. is a testing platform. Hiptest empowers Agile and DevOps teams to deliver high quality software, faster, by collaborating on an idea, testing code continuously, and generating living documentation. Hiptest, Inc. is based in Besançon, France.

Buy -
Mergr

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