Add-on Acquisition • Information Technology

ViryaNet Acquires Utility Partners

On July 12, 2004, ViryaNet acquired information technology company Utility Partners for 1M USD

Acquisition Context

This is ViryaNet’s 1st transaction in the Information Technology sector.
This is ViryaNet’s largest (disclosed) transaction.
This is ViryaNet’s 1st transaction in the United States.
This is ViryaNet’s 1st transaction in Florida.

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M&A Deal Summary
Date	July 12, 2004
Target	Utility Partners
Sector	Information Technology
Buyer(s)	ViryaNet
Deal Type	Add-on Acquisition
Deal Value	1M USD

Target Company

Utility Partners

Tampa, Florida, United States

Utility Partners, Inc. provides integrated mobile software applications and Web-based mobile workforce management solutions.

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Buyer Overview 1

Buyer

ViryaNet

Westborough, Massachusetts, United States

Category	Company
Founded	1988
Sector	Internet Software and Services

DESCRIPTION

ViryaNet Ltd. is a provider of mobile workforce management solutions that guide, automate and optimize the planning, execution and monitoring of field service work.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2004	1 of 1
Size (of disclosed)	1 of 1

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