Tech Company M&A Transactions
DataRPM Acquisition
DataRPM was acquired by Progress Software. The acquisition was announced on 4/3/2017. Progress Software said the transaction price was $30 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/3/2017
Transaction Type
M&A
Amount
$30,000,000
M&A Terms
Progress acquired DataRPM for a purchase price of $30 million, with $28.3 million paid in cash, and $1.7 million payable to DataRPM's founders in the form of restricted Progress stock.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
800 South Claremont Street 203
Fairfax, CA 94402
USA
Fairfax, CA 94402
USA
Phone
Website
Email Address
Overview
DataRPM's Instant Answers is a unique business intelligence solution that delivers natural language and search based analysis on Big Data, with industry's fastest go live time. DataRPM's patent pending technology enables users to just point to their data and start asking questions or search to get interactive results with best-fit visualizations from any data, any time, and anywhere.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sundeep Sanghavi
Chief Technical Officer
Shyamantak Gautam
Co-Founder
Ruban Phukan
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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