M&A Deal Summary

Vipera Acquires SoftTelecom Desarrollos I+D S.L.

On July 27, 2017, Vipera acquired software company SoftTelecom Desarrollos I+D S.L.

Acquisition Highlights
  • This is Vipera’s 2nd transaction in the Software sector.
  • This is Vipera’s 1st transaction in Spain.

M&A Deal Summary

Date 2017-07-27
Target SoftTelecom Desarrollos I+D S.L.
Sector Software
Buyer(s) Vipera
Deal Type Add-on Acquisition

Target

SoftTelecom Desarrollos I+D S.L.

Madrid, Spain
SoftTelecom Desarrollos I+D S.L. is a software solutions house, serving clients in the banking, payment service provider including real time payments and telecommunication fields with solutions primarily focused around payment technology and point of sale developments. The company has customers in Spain, the Netherlands and UK.

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Buyer(S) 1

Buyer

Vipera

London, United Kingdom

Category Company
Founded 2005
Sector Information Technology
Employees71
Revenue 8M EUR (2016)
DESCRIPTION

Vipera Ltd. is the cutting edge provider of mobile financial services, customer engagement and digital consulting for banks and retailers worldwide. Operating at the intersection of mobile technology, mobile commerce, and digital marketing, Vipera is the innovation partner of choice for the world's leading banks and retailers. Vipera was formed in 2005 and is based in London.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-30 AC&D Srl

Milan, Italy

AC&D Srl (dba Advance Codd & Date is a software consultancy that provides contract programmers and IT advice at a senior level. It has a strong presence in the Italian banking industry.

Buy -