Tech Company M&A Transactions
Crystal Decisions Acquisition
Crystal Decisions, operating out of Palo Alto, was acquired by Business Objects. The transaction price was $300 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/18/2003
Transaction Type
M&A
Amount
$300,000,000
M&A Terms
Under the terms of the agreement, Business Objects will issue approximately 26.5 million shares of common stock in respect of outstanding Crystal Decisions common shares and stock options, which will represent approximately 29 percent of the combined company's shares. In addition, Crystal Decisions stockholders will receive an aggregate of $300 million in cash. Based on the closing price of Business Objects' stock on July 17, 2003 the transaction is valued at an aggregate purchase price of approximately $820 million.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
895 Emerson St
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Not Recorded
Overview
Crystal Decisions, a privately held company, is a leading information management software company with more than 14 million licenses shipped.
Management Team
Browse more venture capital transactions:
Prev: 7/17/2003: StarBak Communications venture capital transaction
Next: 7/21/2003: Cloudmark venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs