M&A Deal Summary

Versata Enterprises Acquires Artemis International Solutions

On July 1, 2006, Versata Enterprises acquired information technology company Artemis International Solutions

Acquisition Highlights
  • This is Versata Enterprises’ 1st transaction in the Information Technology sector.
  • This is Versata Enterprises’ 1st transaction in the United States.
  • This is Versata Enterprises’ 1st transaction in Texas.

M&A Deal Summary
Date 2006-07-01
Target Artemis International Solutions
Sector Information Technology
Buyer(s) Versata Enterprises
Deal Type Add-on Acquisition

Target

Artemis International Solutions

Austin, Texas, United States
Artemis International Solutions Corporation is a provider of investment planning and control solutions that help organizations execute strategy through effective portfolio and project management. Artemis has refined 30 years experience into a suite of industry optimized solutions that integrate application modules with packaged consulting services to provide an immediate response to today's business needs.

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Buyer(S) 1

Buyer

Versata Enterprises

Austin, Texas, United States
Category Company
Founded 1989
Sector Software
DESCRIPTION

Versata Enterprises, Inc. is a provider of enterprise applications that automate and streamline critical business processes.

DEAL STATS #
Overall 1 of 22
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 1 of 20
State (Texas) 1 of 10
Country (United States) 1 of 21
Year (2006) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-19 Nextance

Austin, Texas, United States

Nextance, Inc. is a provider of software solutions for enterprises contract management services.

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