M&A Deal Summary

Vela Software Acquires Computer Engineering

On February 17, 2017, Vela Software acquired software company Computer Engineering

Acquisition Highlights
  • This is Vela Software’s 2nd transaction in the Software sector.
  • This is Vela Software’s 2nd transaction in the United States.
  • This is Vela Software’s 1st transaction in Missouri.

M&A Deal Summary
Date 2017-02-17
Target Computer Engineering
Sector Software
Buyer(s) Vela Software
Deal Type Add-on Acquisition

Target

Computer Engineering

Blue Springs, Missouri, United States
Computer Engineering, Inc. is a developer of pressure vessel design and welding software that helps engineers worldwide design, manage, and maintain their ASME or AWS related pressure vessel and welding projects. Computer Engineering is based in Blue Springs, Missouri.

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Buyer(S) 1

Buyer

Vela Software

Toronto, Ontario, Canada
Category Company
Sector Software
DESCRIPTION

Vela Software is a provider of software solutions to a number of vertical markets. Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions.

DEAL STATS #
Overall 2 of 9
Sector (Software) 2 of 8
Type (Add-on Acquisition) 2 of 7
State (Missouri) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Tecplot

Bellevue, Washington, United States

Tecplot, Inc. is a provider of fluid dynamics visualization and analysis software for engineers and scientists in the aerospace and oil & gas vertical markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-09 Petrosys Pty

Adelaide, Australia

Petrosys Pty Ltd. is a provider of mapping, surface modeling and data management software solutions for petroleum E&P – delivering direct connectivity with the most popular exploration, production and GIS data sources.

Buy -
Mergr

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