M&A Deal Summary

TimeXtender Acquires exMon

On December 14, 2023, TimeXtender acquired software company exMon

Acquisition Highlights
  • This is TimeXtender’s 2nd transaction in the Software sector.
  • This is TimeXtender’s 1st transaction in Iceland.

M&A Deal Summary

Date 2023-12-14
Target exMon
Sector Software
Buyer(s) TimeXtender
Deal Type Add-on Acquisition

Target

exMon

Reykjavik, Iceland
exMon is a data governance and master data management software company that empowers businesses to make accurate decisions based on real-time data. exMon is based in Reykjavik, Iceland.

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Buyer(S) 1

Buyer

TimeXtender

Aarhus, Denmark

Category Company
Sector Software
DESCRIPTION

TimeXtender is a data management and automation software company that allows users to implement a modern data estate 10x faster with a simple, drag-and-drop user interface for ingesting and preparing data for analysis. The company overlays and unifies the data infrastructure connects to 250+ data sources and provides all the powerful data preparation capabilities necessary in a unified, secure, future-proof solution. TimeXtender underlying code is generated automatically, which reduces build costs by 70%, frees data engineers from repetitive tasks, and provides less-technical business users with a no-code experience for creating their own data products. It allows organizations to quickly integrate their siloed data into a data lake, model their data warehouse, and define data marts for multiple business intelligence (BI) tools and endpoints. With 16+ years of experience optimizing best practices and building modern data estates for top-performing organizations, TimeXtender is based in Aarhus, Denmark.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Iceland M&A 1 of 1
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-13 BI Builders

Stavanger, Norway

BI Builders is a data automation software company that helps customers convert data from existing business systems into valuable information, enabling organizations to make better and faster decisions. With Xpert BI, organizations can ship trusted data 4x faster, be more productive and agile, free up time for value creation, stay in control and minimize risks. Xpert BI enables automatic documentation, standardization, data governance support, and methodology improvements over off-the-shelf ETL- and ELT tools. Functionality highlights include holistic data ingest, support for DataOps with test automation, source control, and data quality, advanced API management and API creation, data source adapters, performance optimizations, migration wizards, and end-to-end column-level data lineage. Supporting both Microsoft Azure and Amazon Web Services (AWS). BI Builders is based in Stavanger, Norway

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