M&A Deal Summary

Webscale Acquires Section

On October 19, 2023, Webscale acquired software company Section

Acquisition Highlights
  • This is Webscale’s 1st transaction in the Software sector.
  • This is Webscale’s 1st transaction in the United States.
  • This is Webscale’s 1st transaction in Colorado.

M&A Deal Summary
Date 2023-10-19
Target Section
Sector Software
Buyer(s) Webscale
Deal Type Add-on Acquisition

Target

Section

Boulder, Colorado, United States
Section is a Cloud-Native Platform as a Service (PaaS) that optimizes the orchestration of global infrastructure to run distributed applications at the right place and time, always. It solves both of these challenges by enabling DevOps teams to simply deploy and manage cloud-native applications adaptively across an open global infrastructure footprint. The company's computational approach via its patented Adaptive Edge Engine pairs intent with demand and resource availability to ensure that applications are always running in the most optimal locations. Section is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

Webscale

Santa Clara, California, United States
Category Company
Sector Software
DESCRIPTION

Webscale provides e-commerce businesses, digital experience providers, and SaaS vendors AI-rich tooling through its CloudFlow platform. CloudFlow enables businesses to inject intelligence into their Kubernetes operations like never before and reimagine their distributed computing and cloud cost optimization strategies. It powers businesses, including Toyota, Trulieve, BigCommerce, Oreo, Daniel Defense, Regal Cinemas, Lumen, WAHL, Watsco, Coles, Adore Beauty, BDA, Helm, Corsair, Snake River Farms, Lippert, Angling Direct, Eckler’s, Performance Health, Crownpeak, and SaltLife. Webscale has offices in Santa Clara, CA, Boulder, CO, San Antonio, TX, and Bangalore, India.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
Mergr

Product

Company

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