M&A Deal Summary

WeCloud AB Acquires Simitu ApS

On January 19, 2015, WeCloud AB acquired internet software and services company Simitu ApS

Acquisition Highlights
  • This is WeCloud AB’s 1st transaction in the Internet Software and Services sector.
  • This is WeCloud AB’s 1st transaction in Denmark.

M&A Deal Summary

Date 2015-01-19
Target Simitu ApS
Sector Internet Software and Services
Buyer(s) WeCloud AB
Deal Type Add-on Acquisition

Target

Simitu ApS

Næstved, Denmark
Simitu ApS is a provider of transcoding and mail security services.

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Buyer(S) 1

Buyer

WeCloud AB

Malmo, Sweden

Category Company
Founded 2010
Sector Internet Software and Services
DESCRIPTION

WeCloud AB is a developer of cloud based spam and web filtering tools. WeCloud AB was established in 2010 and is based in Malmo, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2015 M&A 1 of 1