M&A Deal Summary

Verity Acquires Cardiff Software

On February 3, 2004, Verity acquired software company Cardiff Software for 50M USD

Acquisition Highlights

This is Verity’s 1st transaction in the Software sector.
This is Verity’s largest (disclosed) transaction.
This is Verity’s 1st transaction in the United States.
This is Verity’s 1st transaction in California.

M&A Deal Summary
Date	2004-02-03
Target	Cardiff Software
Sector	Software
Buyer(s)	Verity
Deal Type	Add-on Acquisition
Deal Value	50M USD

Target

Cardiff Software

Vista, California, United States

Cardiff Software, Inc. provides content capture solutions.

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Buyer(S) 1

Buyer

Verity

Sunnyvale, California, United States

Category	Company
Founded	1988
Sector	Software

DESCRIPTION

Verity, Inc. provides enterprise search software.

DEAL STATS	#
Overall	1 of 1
Sector (Software)	1 of 1
Type (Add-on Acquisition)	1 of 1
State (California)	1 of 1
Country (United States)	1 of 1
Year (2004)	1 of 1
Size (of disclosed)	1 of 1