M&A Deal Summary

SmartBear Acquires Swagger

On March 25, 2015, SmartBear acquired software company Swagger from Reverb Technologies

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

M&A Deal Summary

Date 2015-03-25
Target Swagger
Sector Software
Buyer(s) SmartBear
Sellers(s) Reverb Technologies
Deal Type Divestiture

Target

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.

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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 4 of 15
Sector (Software) 3 of 8
Type (Divestiture) 1 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 7
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-10 Lucierna

Barcelona, Spain

Lucierna, Inc. is a provider of web application performance management and monitoring solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-04 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.

Buy -

Seller(S) 1

SELLER

Reverb Technologies

San Mateo, California, United States

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Reverb Technologies, Inc. is a unique approach to language, which gives us the ability to understand people through what they read, watch, or buy online, with a clarity found nowhere else. It has become the quintessential way to personalize the web.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1