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  6. Workfront Acquires Atiim

M&A Deal Summary

Workfront Acquires Atiim

On October 15, 2019, Workfront acquired software company Atiim

Acquisition Highlights
  • This is Workfront’s 1st transaction in the Software sector.
  • This is Workfront’s 2nd transaction in the United States.
  • This is Workfront’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-10-15
Target Atiim
Sector Software
Buyer(s) Workfront
Deal Type Add-on Acquisition

Target

Atiim

Boston, Massachusetts, United States
Atiim, Inc. is a provider in OKR goals management and continuous performance management SaaS for high-performing organizations. Atiim offers 2-in-1 unified and integrated ongoing performance management and OKR (Objectives and Key Results) goals management platform. Atiim, Inc. was founded in 2015 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Workfront

Lehi, Utah, United States
Category Company
Founded 2001
Sector Internet Software and Services
Employees1,000
Revenue 200M USD (2018)
DESCRIPTION

Workfront, Inc. is a provider of Software as a Service (SaaS)-based project management and collaborative workforce management solutions. Workfront is the first enterprise application platform for knowledge workers, helping people get their best work done by automating projects and processes, managing content, and providing company-wide collaboration in a single system of record. Workfront was established in 2001 and is based in Lehi, Utah.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-22 ProofHQ

United States

ProofHQ is an online proofing company.

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