Tech Company M&A Transactions
edocs Acquisition
On 12/17/2004, edocs was acquired by Siebel Systems. Siebel Systems said the transaction price was $115 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/17/2004
Transaction Type
M&A
Amount
$115,000,000
M&A Terms
Under the terms of the deal, Siebel Systems will initially pay $115 million in cash to edocs shareholders. Additional payments, based on achieving revenue and other contractual milestones, may be paid in 2006.
Company Information
Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
1 Apple Hill Dr.
Natick, MA 01760
USA
Natick, MA 01760
USA
Phone
Email Address
Not Recorded
Overview
edocs is the leading provider of customer self-service and e-billing software for Global 2000 businesses. Its solutions improve the quality of customer care, reduce support costs and deepen relationships with business and consumer customers.
Management Team
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