M&A Deal Summary

Tremend Acquires 648 Group

On February 13, 2018, Tremend acquired software company 648 Group

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

M&A Deal Summary

Date 2018-02-13
Target 648 Group
Sector Software
Buyer(s) Tremend
Deal Type Add-on Acquisition

Target

648 Group

Irvine, California, United States
648 Group is a developer of products and solutions for web and mobile platforms. 648 Group was established in 2004 and is based in Irvine, Ca

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Buyer(S) 1

Buyer

Tremend

Bucharest, Romania

Category Company
Founded 2005
Sector Software
DESCRIPTION

Tremend is a global software engineering company that engages in developing highly complex solutions for companies worldwide. Tremend specializes in delivering enterprise platforms, advanced engineering for car manufacturers, IoT, and business solutions based on Artificial Intelligence (AI), Machine Learning (ML), and Biometrics. Tremend was founded in 2005 and is based in Bucharest, Romania.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1