M&A Deal Summary

ViryaNet Acquires Utility Partners

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2004-07-12
Target Utility Partners
Sector Information Technology
Buyer(s) ViryaNet
Deal Type Add-on Acquisition
Deal Value 1M USD

Target

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(S) 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 STATS #
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
Mergr

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