Tech Company M&A Transactions
Cardiff Software Acquisition
On 3/16/2004, Cardiff Software was acquired by Verity. The companies indicated that total deal value was $50 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/16/2004
Transaction Type
M&A
Amount
$50,000,000
M&A Terms
Verity Inc., (NASDAQ: VRTY), a leading provider of enterprise software that enables organizations to maximize the return on their intellectual capital investment, today announced the completion of its acquisition of Cardiff Software Inc., a privately-held developer of technology that enables the capture and automation of dynamic business information, for an aggregate purchase price of approximately $50 million in cash after adjusting for Cardiff's net cash balance as of the close of the transaction.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
3220 Executive Ridge
Vista, CA 92081
USA
Vista, CA 92081
USA
Phone
Website
Email Address
Not Recorded
Overview
Cardiff Software Inc., a privately-held developer of technology that enables the capture and automation of dynamic business information.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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