M&A Deal Summary |
|
|---|---|
| Date | 2019-09-25 |
| Target | International Business Machines - Algorithmics Assets |
| Sector | Information Technology |
| Buyer(s) | SS&C Technologies |
| Sellers(s) | IBM |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Software |
| Employees | 26,800 |
| Revenue | 5.9B USD (2024) |
SS&C Technologies is a software provider to the global financial services industry with a broad range of highly specialized software, software enabled-services and software as a service (SaaS) solutions for information management, analysis, trading, accounting, reporting and compliance. SS&C Technologies was founded in 1986 and is based in Windsor, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 52 |
| Sector: Information Technology M&A | 8 of 10 |
| Type: Divestiture M&A Deals | 9 of 13 |
| State: New York M&A | 8 of 9 |
| Country: United States M&A | 30 of 37 |
| Year: 2019 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-12 |
Globacom Technologies - Investrack Business
Dubai, United Arab Emirates Globacom Technologies LLC - Investrack Business is a provider of IT Services in Dubai, UAE. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-03-24 |
Vidado
Oakland, California, United States Captricity, Inc. is a provider of Vidado cloud-based, artificial intelligence (AI)-driven, intelligent automation platform identifies, digitizes, validates, and enriches data better than OCR technologies or humans, unlocking new ways for insurance, financial services, and pharmaceutical enterprises to operationalize traditional workflows for increased straight-through processing (STP), streamlined workflows, and increased productivity at lower costs. Captricity is based in Oakland, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Information Technology |
| Employees | 270,300 |
| Revenue | 62.8B USD (2024) |
IBM is a global provider of information technology products and services. IBM's products and services include IT infrastructure and business process services, cloud computing, business analytics, and enterprise software. IBM was formed in 1911 and is based in Armonk, New York.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 34 |
| Sector: Information Technology M&A | 4 of 8 |
| Type: Divestiture M&A Deals | 23 of 31 |
| State: New York M&A | 7 of 11 |
| Country: United States M&A | 20 of 27 |
| Year: 2019 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-04 |
Acoustic
Conway, Arkansas, United States Acoustic is a provider of marketing automation tools, marketing analytics, and an AI-powered content management system. Acoustic is based in Conway, Arkansas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-11-25 |
Varicent
Toronto, Ontario, Canada Varicent is a provider of Smart SPM (sales performance management) cloud-enabled software for mid-market and enterprise companies in any industry. Its augmented intelligence-powered platform enables customers to quickly and easily see and address sales trends, problem areas, and opportunities, by predicting outcomes and prescribing actions to optimize revenue. Varicent pioneered incentive compensation and sales performance software helps customers manage highly complex compensation plans, territories and revenue goals. Varicent was founded in 2003 and is based in Toronto, Ontario. |
Sell | - |
