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Investment Summary

Vertical Computer Systems Invests In iNetPurchasing Inc

On January 3, 2002, Vertical Computer Systems invested in internet software and services company iNetPurchasing Inc

Investment Highlights
  • This is Vertical Computer Systems’ 5th transaction in the Internet Software and Services sector.
  • This is Vertical Computer Systems’ 7th transaction in the United States.
  • This is Vertical Computer Systems’ 1st transaction in District of Columbia.

Investment Summary
Date 2002-01-03
Target iNetPurchasing Inc
Sector Internet Software and Services
Investor(s) Vertical Computer Systems
Deal Type Stake Purchase

Target

iNetPurchasing Inc

Washington, District of Columbia, United States
iNetPurchasing is a application service provider for Internet-based government procurement services. iNet's comprehensive e-procurement system is being contracted by state and local government agencies throughout the United States under the PublicBuy.net brand name.

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Investor(S) 1

Investor

Vertical Computer Systems

Richardson, Texas, United States
Category Company
Sector Software
Employees21
DESCRIPTION

Vertical Computer Systems is a provider of Internet core technologies, administrative software, and derivative software application products through its distribution network.

DEAL STATS #
Overall 7 of 9
Sector: Internet Software and Services M&A 5 of 6
Type: Stake Purchase M&A Deals 2 of 2
State: District of Columbia M&A 1 of 1
Country: United States M&A 7 of 9
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-09-05 Enfacet

Austin, Texas, United States

EnFacet is a provider of software for building, deploying and managing multi-modal, multidimensional and multilingual Web sites. EnFacet’s customers can deploy multiple web sites in less time than conventional approaches by utilizing the affiliation / syndication model.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-15 Priority Time Systems

Henderson, Nevada, United States

Priority Time Systems is a provider of time and attendance software.

Buy -
Mergr

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