Tech Company M&A Transactions
SHYFT Analytics Acquisition
SHYFT Analytics, based in Waltham, was acquired by Medidata Solutions. The acquisition price was $195 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/13/2018
Transaction Type
M&A
Amount
$195,000,000
M&A Terms
Medidata will acquire SHYFT for a total consideration of $195 million, subject to customary closing adjustments, inclusive of Medidata's 6% ownership in SHYFT's business, and funded with existing cash on Medidata's balance sheet.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare IT
Mailing Address
203 Crescent Street
Waltham, MA 02453
USA
Waltham, MA 02453
USA
Phone
Website
Email Address
Overview
SHYFT Analytics is the leader in cloud analytic solutions for global life sciences. The company delivers smarter, timelier access to novel insights in the cloud that provide new ways to look at the healthcare business to increase competitiveness, enhance customer engagement, grow revenue and improve patient health.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zack King
Chief Financial Officer
Dennis Morgan
VP - Customer Service
Frank Lane
VP - Product Management
Don Nguyen
VP - Sales
Joe Walsh
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