Tech Company M&A Transactions
Mindsolve Technologies Acquisition
Headquartered in Gainesville, Mindsolve Technologies was purchased by SumTotal Systems. The companies indicated that total deal value was $12 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/14/2006
Transaction Type
M&A
Amount
$12,000,000
M&A Terms
The Mountain View-based provider of talent management software (NASDAQ:SUMT) said it will pay $5.2 million in cash and 925,000 shares of its stock for the privately-owned Gainesville, Fla-based performance management software company.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
P.O. Box 1587
Gainesville, FL 32602
USA
Gainesville, FL 32602
USA
Phone
Website
Email Address
Not Recorded
Overview
MindSolve Technologies, Inc. is a privately-owned company, founded and still guided by the same team that created our original software in 1994. MindSolve serves thousands of users in more than 100 countries and more than 20 languages -- in just about every industry vertical.
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Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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