Tech Company M&A Transactions
PeopleCube Acquisition
On 7/5/2012, PeopleCube was bought by Asure Software. Financial terms set the valuation at $14.2 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/5/2012
Transaction Type
M&A
Amount
$14,159,150
M&A Terms
The purchase price was composed of $9.8 million cash paid at closing; a $3 million, two-year seller's note; and the issuance of 255,000 shares of common stock, representing just under five percent of Asure's outstanding shares.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
111 Speen St. 510
Framingham, MA 01701
USA
Framingham, MA 01701
USA
Phone
Website
Email Address
Overview
PeopleCube is a leading provider of on-demand calendaring, resource and event management solutions for organizations of all sizes. Their suite of scheduling products have helped more than 7,500 customers worldwide in education, high tech, healthcare and government optimize their people, processes and schedules to improve productivity, increase revenue and reduce costs.
Management Team
Title
Name
Email & Social
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