Divestiture • Internet Software and Services

VDG Security BV Acquires Observision BV

On July 1, 2009, VDG Security BV acquired internet software and services company Observision BV from Prime Technology

Acquisition Context
  • This is VDG Security BV’s 1st transaction in the Internet Software and Services sector.
  • This is VDG Security BV’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date July 1, 2009
Target Observision BV
Sector Internet Software and Services
Buyer(s) VDG Security BV
Sellers(s) Prime Technology
Deal Type Divestiture

Target Company

Observision BV

Heteren, Netherlands
Security and online surveillance and provides integrated security solutions.
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Buyer Overview 1

Buyer

VDG Security BV

Zoetermeer, Netherlands

Category Company
Sector Safety/Security
DESCRIPTION

VDG Security B.V. creates innovative video management solutions.develop tailor made, flexible and integrated video management solutions for customers worldwide.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2009 1 of 1

Seller Profile 1

SELLER

Prime Technology

North Branford, Connecticut, United States

Category Company
Founded 1973
Sector Test/Measurement Equipment
DESCRIPTION

Prime Technology is a precision measurement company in the areas of pressure, temperature and time. Serving the military, nuclear, and commercial market, Prime has solidified itself as an industry leader by leveraging its expertise in custom engineering and manufacturing. These capabilities, coupled with the company's six diverse divisions, allow Prime to reside at the cutting edge of technical innovation in its field.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2009 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Observision BV

Heteren, Netherlands

Security and online surveillance and provides integrated security solutions.

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