M&A Deal Summary

Squirro Acquires Synaptica

On July 16, 2024, Squirro acquired software company Synaptica from Factiva

Acquisition Highlights
  • This is Squirro’s 1st transaction in the Software sector.
  • This is Squirro’s 1st transaction in the United States.
  • This is Squirro’s 1st transaction in Colorado.

M&A Deal Summary
Date 2024-07-16
Target Synaptica
Sector Software
Buyer(s) Squirro
Sellers(s) Factiva
Deal Type Divestiture

Target

Synaptica

Franktown, Colorado, United States
Synaptica is a knowledge management and indexing software application, which enables enterprises in managing taxonomies, thesauri, classification schemes, authority control files, and indexes. Synaptica was formed in 1995 and is based in Franktown, Colorado.

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Buyer(S) 1

Buyer

Squirro

Zürich, Switzerland
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Squirro is a SaaS provider, that offers enterprise-ready generative AI, search, business insights, and automation solutions. Squirro was formed in 2012 and is headquartered in Zürich, Switzerland.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Factiva

New York, New York, United States
Category Company
Founded 1999
Sector Information Services
Employees750
Revenue 290M USD (2006)
DESCRIPTION

Factiva is a provider of global business content, research products and services to global enterprises mainly in the finance, corporate, professional services and government sectors. It is headquartered in New York, NY, and has substantial business operations in Princeton, NJ.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-06-29 Synaptica

Franktown, Colorado, United States

Synaptica is a knowledge management and indexing software application, which enables enterprises in managing taxonomies, thesauri, classification schemes, authority control files, and indexes. Synaptica was formed in 1995 and is based in Franktown, Colorado.

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