M&A Deal Summary

Technology One Acquires Digital Mapping Solutions

On May 8, 2015, Technology One acquired software company Digital Mapping Solutions for 12M USD

Acquisition Highlights
  • This is Technology One’s 4th transaction in the Software sector.
  • This is Technology One’s largest (disclosed) transaction.
  • This is Technology One’s 4th transaction in Australia.

M&A Deal Summary

Date 2015-05-08
Target Digital Mapping Solutions
Sector Software
Buyer(s) Technology One
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Digital Mapping Solutions

South Perth, Australia
Digital Mapping Solutions is a specialises in the development and implementation of integrated mapping solutions. DMS is a supplier of web-based mapping and spatial products, with over 140 implementations in Australia and New Zealand. Its software allows for the storage, retrieval and management of spatial data.

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Buyer(S) 1

Buyer

Technology One

Fortitude Valley, Australia

Category Company
Founded 1987
Sector Software
Employees1,300
Revenue 506M AUD (2024)
DESCRIPTION

Technology One is an enterprise software company that develops, markets, sells, implements, and supports financial management and enterprise software solutions. Technology One was founded in 1987 and is based in Fortitude Valley, Australia.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Australia M&A 4 of 4
Year: 2015 M&A 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-30 ICON Software Solutions Pty

Fortitude Valley, Australia

ICON Software Pty Ltd. is a provider of ePlanning and eGovernment software.

Buy AU$10M