M&A Deal Summary

Wave Systems Acquires Safend

On September 22, 2011, Wave Systems acquired software company Safend for 13M USD

Acquisition Highlights
  • This is Wave Systems’ 1st transaction in the Software sector.
  • This is Wave Systems’ largest (disclosed) transaction.
  • This is Wave Systems’ 1st transaction in Israel.
Investment Fate
  • Safend was divested to a consortium of strategic buyers in 2016.

M&A Deal Summary
Date 2011-09-22
Target Safend
Sector Software
Buyer(s) Wave Systems
Deal Type Add-on Acquisition
Deal Value 13M USD
Advisor(s) AGC Partners (Financial)

Target

Safend

Tel Aviv, Israel
Safend Ltd. is a provider of endpoint data loss protection solutions.

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Buyer(S) 1

Buyer

Wave Systems

Lee, Massachusetts, United States
Category Company
Founded 1988
Sector Software
Employees147
Revenue 16M USD (2014)
DESCRIPTION

Wave Systems Corp. is a provider of client and server software for hardware-based digital security. Wave Systems was founded in 1988 and is based in Lee, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Israel) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Safend

Tel Aviv, Israel

Safend Ltd. is a provider of endpoint data loss protection solutions.

Sell -
Mergr

Product

Company

Legal