Tech Company M&A Transactions
Momentum Systems Acquisition
Based in Arlington, Momentum Systems was acquired by Open Text. The transaction price was $4 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/5/2007
Transaction Type
M&A
Amount
$4,000,000
M&A Terms
Open Text purchased Momentum Systems for $4 million, net of cash and liquid assets.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4601 N Fairfax Drive 1001
Arlington, VA 22203
USA
Arlington, VA 22203
USA
Phone
Website
Email Address
Not Recorded
Overview
Momentum Systems is a market leader in solving complex information challenges. We apply innovative approaches, industry leading Life-Cycle services, and unsurpassed technical expertise to automate business processes and to optimize software investments. The results are solutions that enable users to easily access the right information at the right time for greater gains in business productivity.
Management Team
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