Like Cmore Automotive GmbH

closed 4/9/2020 via BusinessWire

Luxoft, acquired Cmore Automotive GmbH

synopsis: Luxoft, a Swiss digital strategy and software engineering firm, has acquired CMORE Automotive, a services provider dedicated to the development and validation of AI-driven mobility systems. Headquartered in Germany, CMORE Automotive acts as a strategic autonomous drive development partner serving major German automakers and their key suppliers.
buyer parent: DXC Technology Company
buyer: Luxoft (LXFT:$910.70)
Luxoft is a Swiss digital strategy and software engineering firm providing bespoke technology solutions. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. "
target: Cmore Automotive GmbH
Germany-based CMORE Automotive is a development partner for AI-driven mobility concepts worldwide, providing comprehensive engineering, data, and platform solutions for Autonomous Driving, Connectivity, and Electrification.
price ($mm)
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closed 4/6/2022 via Company Press Release

Qualcomm Incorporated, acquired Arriver

synopsis: Qualcomm Incorporated, the world’s leading wireless technology innovator, has acquired Arriver from SSW Partners, an investment partnership. Arriver is a software company focused on sensor perception and drive policy. Arriver delivers scalable Advanced Driver Assistance Systems (ADAS) and Collaborative and Autonomous Driving (AD) solutions.
buyer: Qualcomm Incorporated (QCOM:$36,036.00)
Qualcomm pioneered 3G and 4G – and they are leading the way to 5G and a new era of intelligent, connected devices. Their products are revolutionizing industries, including automotive, computing, IoT, healthcare and data center, and are allowing millions of devices to connect with each other. "
target parent: SSW Partners
target: Arriver
Arriver is a software company focused on sensor perception and drive policy. Arriver delivers scalable Advanced Driver Assistance Systems (ADAS) and Collaborative and Autonomous Driving (AD) solutions to create a world where everyone arrives safe and sound to their destination.
price ($mm)
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closed 11/8/2021 via GlobeNewswire

Ambarella, Inc., acquired Oculii Corp.

synopsis: Ambarella, Inc., an AI vision silicon company, has acquired Oculii Corp., a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold. They are developing high resolution imaging radars to enable the next generation of autonomous systems.
buyer: Ambarella, Inc. (AMBA:$267.69)
Ambarella is a leading developer of visual AI products. Their technologies enable a wide variety of human and computer vision applications, including video security, advanced driver assistance systems, electronic mirror, driver/cabin monitoring, autonomous driving, and robotic applications. "
target: Oculii Corp.
Oculii is a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold. They are developing high resolution imaging radars to enable the next generation of autonomous systems.
price ($mm)
$308
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/11/2021 via Company Press Release

NVIDIA Corporation, will acquire DeepMap

synopsis: NVIDIA, the worldwide leader in programmable graphics processor technologies, has agreed to acquire DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles to navigate the world safely.
buyer: NVIDIA Corporation (NVDA:$26,914.00)
NVIDIA Corporation is the worldwide leader in programmable graphics processor technologies. The Company creates innovative, industry-changing products for computing, consumer electronics, and mobile devices. "
target: DeepMap
DeepMap is a startup dedicated to building high-definition maps for autonomous vehicles to navigate the world safely. They are partnering with companies around the world who are pushing the boundaries in autonomy, including Ford, Honda, SAIC Motor, Bosch, Daimler, and Einride.
price ($mm)
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announced 11/3/2020 via BusinessWire

V99, Inc., will acquire TeleNav, Inc.

synopsis: Telenav, Inc., a leading provider of connected-car and location-based services, announced that it has entered into a definitive merger agreement to be acquired by V99, Inc., a Delaware corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav.
buyer: V99, Inc.
V99, Inc. is a Delaware corporation led by HP Jin, Co-Founder, President, and Chief Executive Officer of Telenav to take Telenav private. "
target: TeleNav, Inc. (TNAV:$243.32)
Telenav is a leading provider of connected car and location-based services, focused on transforming life on the go for people – before, during, and after every drive. Telenav's location platform enable global brands to deliver custom connected car and mobile experiences.
price ($mm)[EV]
$225 [$122]
rev ($mm)
$240
EBITDA ($mm)
$8
EV / rev
0.5x
EV / EBITDA
14.9x
closed 9/22/2020 via GlobeNewswire

LeddarTech, acquired Phantom Intelligence

synopsis: LeddarTech has acquired the assets of Phantom Intelligence, a company that is recognized for their expertise in signal processing and LiDAR technology that protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver assistance systems (ADAS).
buyer: LeddarTech
Canada-based LeddarTech is an industry leader in Advanced Driver Assistance System and Autonomous Driving (AD) technology. The company provides Tier-1 suppliers and AD system integrators with the most versatile and scalable auto and mobility sensing platform through its LeddarEngine product. "
target: Phantom Intelligence
Founded in 2011, Phantom Intelligence is recognized for their expertise in signal processing and LiDAR technology that protects vulnerable road users (VRUs) and improves the safety and fluidity of travel by offering solutions that enable reliable advanced driver assistance systems (ADAS).
price ($mm)
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announced 1/29/2020 via BNC Analysis

Kudan, will acquire Artisense Corporation

synopsis: Kudan, an AR/VR company based in Tokyo, is to acquire Artisense, a company that offers cutting edge computer vision product for real-time localization, mapping and navigation of highly automated or fully autonomous vehicles. They are based in Germany.
buyer: Kudan (TSE:4425:$2.31)
Japan-based Kudan is accelerating the evolution of Virtuality (AR/MR/VR)* and Robotics (automobile/drone/robot) by developing industry leading computer software algorithms classified as Artificial Perception. "
target: Artisense Corporation
Based in Germany, Artisense offers cutting edge computer vision product for real-time localization, mapping and navigation of highly automated or fully autonomous vehicles.
price ($mm)
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closed 1/8/2020 via BusinessWire

TTTech Auto, acquired Red Pine Software

synopsis: TTTech Auto, a global leader in safety software platforms for automated driving and beyond, has acquired the Turkish automotive software company Red Pine Software. In Vehicle Infotainment (IVI) and Advanced Driver Assistance Systems (ADAS) are the core expertise areas of the company which requires a very skilled team and high-quality software.
buyer parent: TTTech
buyer: TTTech Auto
TTTech Auto provides solutions for the challenges of future vehicle generations. The company specializes in safe software and hardware platforms for automated driving and beyond, applicable in series production programs. "
target: Red Pine Software
Red Pine Software was established in 2017 in Turkey. The company focuses on automotive software. In Vehicle Infotainment (IVI) and Advanced Driver Assistance Systems (ADAS) are the core expertise areas of the company which requires a very skilled team and high-quality software.
price ($mm)
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closed 12/18/2019 via BNC Analysis

Waymo LLC, acquired Latent Logic

synopsis: Waymo, a self-driving technology development company and subsidiary of Google, has acquired Latent Logic, a UK start-up. Spun out of Oxford University in 2017, Latent Logic develops simulations of motorist, cyclist, and pedestrian behavior using data collected from traffic cameras.
buyer parent: Google
buyer: Waymo LLC
Waymo LLC is a self-driving technology development company. It is a subsidiary of Alphabet Inc. Waymo originated as a project of Google before it became a stand-alone subsidiary in December 2016. In April 2017, Waymo started a limited trial of a self-driving taxi service in Phoenix, Arizona. "
target parent: University of Oxford
target: Latent Logic
Latent Logic is a UK start-up that uses imitation learning to simulate models of human behavior on the road. Spun out of Oxford University in 2017, Latent Logic develops simulations of motorist, cyclist, and pedestrian behavior using data collected from traffic cameras.
price ($mm)
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closed 6/25/2019 via BNC Analysis

Apple, Inc., acquired Drive.ai

synopsis: Apple Inc. has acquired Drive.ai, a purpose driven company based in Mountain View, California that believes in the mission of making the dreams of self-driving cars a reality. Drive.ai are creating AI software for autonomous vehicles using deep learning.
buyer: Apple, Inc. (AAPL:$378,323.00)
Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms—iOS, macOS, watchOS and tvOS—provide seamless experiences across all Apple devices. "
target: Drive.ai
Drive.ai is a purpose driven company based in Mountain View, California that believes in the mission of making the dreams of self-driving cars a reality. They are creating AI software for autonomous vehicles using deep learning.
price ($mm)
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closed 9/27/2018 via GlobeNewswire

Hexagon Positioning Intelligence, acquired AutonomouStuff

synopsis: Hexagon’s Positioning Intelligence division, a global technology leader, pioneering end-to-end solutions for assured positioning for land, sea, and air, has acquired AutonomouStuff. Founded in 2010, U.S.-based AutonomouStuff is pioneering solutions and platforms for autonomous vehicle development, robotics and data intelligence innovation.
buyer parent: Hexagon AB
buyer: Hexagon Positioning Intelligence
Hexagon’s Positioning Intelligence division is a global technology leader, pioneering end-to-end solutions for assured positioning for land, sea, and air. "
target: AutonomouStuff
Founded in 2010, U.S.-based AutonomouStuff is pioneering solutions and platforms for autonomous vehicle development, robotics and data intelligence innovation.
price ($mm)
rev ($mm)
$45
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
announced 10/24/2017 via PR Newswire

Delphi Automotive PLC, will acquire nuTonomy, Inc.

synopsis: Delphi Automotive PLC, a high-technology company that integrates safer, greener and more connected solutions for the automotive and transportation sectors, announced that it has signed an agreement to acquire nuTonomy, Inc., the leading developer of state-of-the-art software for self-driving vehicles.
buyer: Delphi Automotive PLC (DLPH:$15,696.00)
Based in the UK, Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive and transportation sectors. Delphi operates technical centers, manufacturing sites and customer support services in 46 countries. "
target: nuTonomy, Inc.
nuTonomy is the leading developer of state-of-the-art software for self-driving vehicles. nuTonomy is developing the first-of-its-kind complete solution for providing point-to-point mobility via large fleets of autonomous vehicles.
price ($mm)
$400
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/13/2017 via BNC Analysis

Intel Corporation, will acquire Mobileye

synopsis: Intel Corporation, the world's largest semiconductor chip maker, announced it will acquire Mobileye N.V., a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving.
buyer: Intel Corporation (INTC:$79,024.00)
Intel architecture goes beyond PCs and servers and extends to phones, tablets, consumer electronics devices, and more. They are the world's largest semiconductor chip maker, based on revenue. "
target: Mobileye (MBLY:$358.16)
Mobileye is the global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving. Mobileye’s system-on-chip (SoC) – the EyeQ® family – provides the processing power to support a comprehensive suite of ADAS functions based on a single camera sensor.
price ($mm)[EV]
$15,300 [$14,700]
rev ($mm)
$358
EBITDA ($mm)
$125
EV / rev
41.0x
EV / EBITDA
117.6x
closed 2/10/2017 via Company Press Release

Ford Motor Company, acquired Argo AI, LLC

synopsis: Ford Motor Company, one of the largest automobile makers in the world, has acquired Argo AI, an artificial intelligence company dedicated to self-driving vehicles. Argo AI is developing and deploying the latest advancements in artificial intelligence, machine learning and computer vision to help build safe and efficient self-driving vehicles.
buyer: Ford Motor Company (F:$136,341.00)
Ford Motor Company is one of the largest automobile makers in the world. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs and electrified vehicles and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. "
target: Argo AI, LLC
Argo AI is an artificial intelligence company dedicated to self-driving vehicles. The company is developing and deploying the latest advancements in artificial intelligence, machine learning and computer vision to help build safe and efficient self-driving vehicles.
price ($mm)
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closed 1/18/2017 via BusinessWire

TomTom NV, acquired Autonomos GmbH

synopsis: TomTom announced that it has acquired Autonomos, a Berlin-based autonomous driving start-up. Autonomos has built up expertise and technologies in the process, including a full demonstration-level autonomous driving software stack, 3D sensor technology, and digital image processing.
buyer: TomTom NV (ENXTAM:TOM2:$1,079.90)
Founded in 1991, TomTom is a leading provider of navigation and location-based products and services. TomTom maps, traffic information and navigation technology power automotive in-dash systems, mobile devices, web based applications and government and business solutions. "
target: Autonomos GmbH
Autonomos GmbH is a high-tech start-up company based in Berlin, Germany, providing software and services for autonomous driving as well as customisable safety and automation solutions for heavy duty vehicles.
price ($mm)
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announced 8/21/2019 via BNC Analysis

DoorDash, will acquire Scotty Labs

synopsis: DoorDash, a on-demand food delivery service, will be acquiring Scotty Labs, a tele-operations company that is working on technology to enable people to remotely control self-driving cars. Instead of removing humans from the driving experience entirely, Scotty Labs aims to keep humans in virtually.
buyer: DoorDash (NYSE:DASH:$4,888.00)
DoorDash Inc. is a San Francisco–based on-demand food delivery service founded in 2013. They are one of several technology companies that uses logistics services to offer food delivery from restaurants on-demand. "
target: Scotty Labs
Scotty Labs is a tele-operations company that is working on technology to enable people to remotely control self-driving cars. Instead of removing humans from the driving experience entirely, Scotty Labs aims to keep humans in virtually.
price ($mm)
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closed 8/18/2016 via BNC Analysis

Uber Technologies, Inc., acquired Otto

synopsis: Uber, an American multinational online transportation network, has acquired Otto, a company that develops self driving truck solutions. They have been focusing on self-driving technology that could be fitted into trucks that are already on the road now.
buyer: Uber Technologies, Inc. (NYSE:UBER:$12,982.00)
Uber Technologies, Inc. offers online car booking services via mobile phones. It provides limousine and private cab reservation services. Uber Technologies, Inc. was founded in 2009 and is based in San Francisco, California. "
target: Otto
Otto develops self driving truck solutions. They have been focusing on self-driving technology that could be fitted into trucks that are already on the road now. The company was founded in 2016 and is headquartered in Palo Alto, California.
price ($mm)
$680
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/15/2020 via Company Press Release

dSPACE, acquired Intempora

synopsis: dSPACE, a provider of solutions for the development of connected, automated, and electrically powered vehicles, has acquired Intempora, a French developer of advanced software for robotics and autonomous vehicles. Intempora offers a real-time development software solution that enables engineers to easily develop, test, and execute their apps.
buyer: dSPACE
dSPACE is the leading provider of solutions for networked, autonomous, and electrically powered vehicles. With a broad portfolio and cutting-edge technology, they are much in demand as a development partner in the automotive industry, aerospace and industrial automation. "
target: Intempora
Intempora is a French developer of advanced software for robotics, driver assistance systems and autonomous vehicles. Intempora offers a real-time development software solution that enables engineers and researchers to easily develop, test, validate, benchmark and execute their applications.
price ($mm)
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announced 4/3/2019 via BNC Analysis

Lear Corporation, will acquire Xevo

synopsis: Lear Corporation announced its acquisition of Xevo Inc., an automotive software supplier crafting solutions for cars, clouds and mobile devices. Xevo is the global leader in connected car software and smart user experiences.
buyer: Lear Corporation (NYSE:LEA:$21,148.50)
Lear is one of the world's leading suppliers of automotive seating systems and electrical systems (E-Systems). Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates. "
target: Xevo
Xevo is the global leader in connected car software and smart user experiences. Their powerful AI software solutions use analytics and data insights to provide an AI-enhanced driving experience for consumers, and monetization opportunities for automakers, merchant partners, and service providers.
price ($mm)
$320
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/19/2018 via BNC Analysis

Nuance Communications, Inc., acquired Voicebox Technologies Corporation

synopsis: Nuance Communications, Inc., a leading provider of voice and language solutions, has acquired Voicebox Technologies, a company that builds award-winning voice applications for the Auto, Home and Mobile markets. Voicebox's VoiceAI platform allows businesses to create natural, multi-person, cross-device experiences.
buyer: Nuance Communications, Inc. (NUAN:$1,463.14)
Nuance Communications, Inc. is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. "
target: Voicebox Technologies Corporation
Voicebox builds award-winning voice applications for the Auto, Home and Mobile markets. By integrating Artificial Intelligence into their patented Context Management, their VoiceAI platform creates a uniquely natural, multi-person, cross-device experience.
price ($mm)
$82
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/9/2020 via BusinessWire

Luxoft, acquired Cmore Automotive GmbH

synopsis: Luxoft, a Swiss digital strategy and software engineering firm, has acquired CMORE Automotive, a services provider dedicated to the development and validation of AI-driven mobility systems. Headquartered in Germany, CMORE Automotive acts as a strategic autonomous drive development partner serving major German automakers and their key suppliers.
buyer parent: DXC Technology Company
buyer: Luxoft (LXFT:$910.70)
Luxoft is a Swiss digital strategy and software engineering firm providing bespoke technology solutions. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. "
target: Cmore Automotive GmbH
Germany-based CMORE Automotive is a development partner for AI-driven mobility concepts worldwide, providing comprehensive engineering, data, and platform solutions for Autonomous Driving, Connectivity, and Electrification.
price ($mm)
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EBITDA ($mm)
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closed 4/9/2020 via BusinessWire

Luxoft, acquired Cmore Automotive GmbH

synopsis: Luxoft, a Swiss digital strategy and software engineering firm, has acquired CMORE Automotive, a services provider dedicated to the development and validation of AI-driven mobility systems. Headquartered in Germany, CMORE Automotive acts as a strategic autonomous drive development partner serving major German automakers and their key suppliers.
buyer parent: DXC Technology Company
buyer: Luxoft (LXFT:$910.70)
Luxoft is a Swiss digital strategy and software engineering firm providing bespoke technology solutions. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. "
target: Cmore Automotive GmbH
Germany-based CMORE Automotive is a development partner for AI-driven mobility concepts worldwide, providing comprehensive engineering, data, and platform solutions for Autonomous Driving, Connectivity, and Electrification.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/11/2019 via BusinessWire

DXC Technology Company, acquired Luxoft

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, has acquired Luxoft, a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering.
price ($mm)[EV]
$2,067 [$1,978]
rev ($mm)
$911
EBITDA ($mm)
$98
EV / rev
2.2x
EV / EBITDA
20.1x
closed 8/7/2018 via BusinessWire

Luxoft, acquired Objective Software GmbH

synopsis: Luxoft Holding, Inc, a global IT service provider, has announced the acquisition of Objective Software GmbH, a provider of software development services and IP based solutions for autonomous vehicles, Advance Driver Assisted Systems (ADAS), high-accuracy positioning, innovative mobility and smart city applications.
buyer: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. "
target: Objective Software GmbH
Objective Software GmbH is an IT company that offers advanced solutions for the future: Areas such as automotive, autonomous vehicles, teleoperated driving, high-precision positioning as well as innovative mobility or smart city applications are among the company's areas of expertise.
price ($mm)
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closed 6/18/2018 via BusinessWire

Luxoft, acquired Smashing Ideas, Inc

synopsis: Luxoft, a global IT service provider, has acquired Smashing Ideas, a design and innovation agency. Their experience in strategy, design, development, and program management fosters collaboration and enables them to bring products, services, and businesses to market faster.
buyer: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. "
target parent: Bertelsmann SE & Co. KGaA
target: Smashing Ideas, Inc
Smashing Ideas is a design and innovation agency with expertise in creating engaging digital experiences. They partner with the Global 500 to create connected smart products, apps, websites, and content management systems that make a positive impact on user engagement and their clients’ bottom line.
price ($mm)
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closed 9/28/2017 via BusinessWire

Excelian, acquired UNAFORTIS

synopsis: Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired UNAFORTIS, a Swiss-based wealth management consultancy specializing in Avaloq implementations and business consulting anchored in IT services. Excelian is Luxoft’s Financial Services division.
buyer parent: Luxoft
buyer: Excelian
Excelian delivers an end-to-end service, from consulting to technology services - platform consolidation, infrastructure optimization, cloud and utility-based models, complemented by a range of proprietary solutions. Excelian is Luxoft’s Financial Services division. "
target: UNAFORTIS
UNAFORTIS is a Swiss-based wealth management consultancy specializing in Avaloq implementations and business consulting anchored in IT services. Avaloq is a provider of fully integrated banking software for the back, middle, and front office. They were founded in 2004.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 2/1/2017 via BusinessWire

Luxoft, acquired IntroPro

synopsis: Luxoft Holding, Inc. announced that it has acquired IntroPro, an engineering consultancy with expertise spanning the complete lifecycle of enterprise and embedded software architecture, development, testing and QA, maintenance and managed services for content delivery and management specifically focused on TV, Media, and Entertainment industry.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft is a leading provider of software development services and innovative IT solutions to a global client base. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. "
target: IntroPro
IntroPro is a global leader that provides specialized end-to-end product development, engineering and software development consulting in Telecom, Media and Technology (T-M-T) space. The IntroPro team provides service offerings in the entire product development cycle.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/13/2016 via BusinessWire

Luxoft, acquired Pelagicore AB

synopsis: Luxoft Holding, Inc. announced that it has acquired Pelagicore AB, a leader in open source software platforms and services for in-vehicle infotainment and human machine interface development. The company has deep expertise in open source technologies, the cross-platform user interface (UI) development framework Qt, and in IVI systems.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft is a leading provider of software development services and innovative IT solutions to a global client base. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. "
target: Pelagicore AB
Pelagicore is shaping tomorrow’s infotainment systems from silicon to pixel: they enable silicon with key automotive grade software components, work upstream with open source software the way it was intended, and deliver user experiences in line with next generation mobile devices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/18/2016 via BusinessWire

Luxoft, acquired INSYS Group

synopsis: Luxoft Holding, Inc, a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired INSYS Group, Inc., a U.S.-based information technology consulting provider serving a large number of blue-chip corporation.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft is a leading provider of software development services and innovative IT solutions to a global client base. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. "
target: INSYS Group
INSYS Group is a business and IT consulting firm that delivers business outcomes with speed and confidence. INSYS Group has the capabilities and experience to deliver the solutions enterprises need to sustain competitive pressure.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/23/2016 via BusinessWire

Luxoft, acquired Symtavision GmbH

synopsis: Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired Symtavision GmbH, a provider of automotive software tools and consulting services focused on scheduling analysis, architecture optimization, and timing verification.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft is a leading provider of software development services and innovative IT solutions to a global client base. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. "
target: Symtavision GmbH
Symtavision® provides market-leading tools and associated consulting/engineering services for system-level timing design and timing verification. Symtavision’s tools are used extensively in automotive electronics with support provided for key industry standards and automotive sectors.
price ($mm)
rev ($mm)
EBITDA ($mm)
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EV / EBITDA
closed 2/18/2015 via BusinessWire

Luxoft, acquired Excelian

synopsis: Luxoft, a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired Excelian, a privately held U.K.-based systems integrator and technology consulting company specializing in trading and risk management software for the financial services and commodities markets.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft Holding, Inc is a leading provider of software development services and IT solutions to a global client base. Luxoft’s software development services consist of custom software development and support, product engineering and testing, and technology consulting. "
target: Excelian
Excelian is an award-winning system integration and technology consulting company serving many of the world’s leading financial services and commodities companies.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/6/2014 via BusinessWire

Luxoft, acquired Radius Inc.

synopsis: Luxoft Holding, Inc, a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired Radius Inc., a U.S.- based solution provider focused on the growing Internet of Things (IoT) industry.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft Holding, Inc is a leading provider of software development services and IT solutions to a global client base. Luxoft’s software development services consist of custom software development and support, product engineering and testing, and technology consulting. "
target: Radius Inc.
Radius Inc. is a next-generation technology solution provider company focused on the growing Internet of Things industry. Radius combines strategic analysis with technical innovation across mobile, cloud, data and API platforms to architect custom software solutions for Fortune 500 clients.
price ($mm)
$7.92
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/7/2014 via BusinessWire

Luxoft, purchased Mecel Populus Suite from Mecel AB

synopsis: Luxoft Holding, Inc, a leading provider of software development services and innovative IT solutions to a global client base, announced that it has acquired Mecel Populus Suite, a complete tool chain for designing, developing, and deploying user interfaces for distributed embedded systems, from Mecel AB.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft Holding, Inc is a leading provider of software development services and IT solutions to a global client base. Luxoft’s software development services consist of custom software development and support, product engineering and testing, and technology consulting. "
seller parent: Delphi Corporation
seller: Mecel AB
Mecel Populus Suite is a complete tool chain for designing, developing and deploying user interfaces for distributed embedded systems. It minimizes the time and cost of producing eye-catching, full-featured HMI’s (Human Machine Interfaces).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/24/2013 via PR Newswire

Luxoft, acquired Freedom OSS

synopsis: Luxoft, a member of the IBS Group, announced its acquisition of the certain assets and open-source solutions of Freedom OSS, which delivers practical business results using wide range of open source technologies to clients in the US. With this acquisition Luxoft expands its U.S. presence and enhances its services.
buyer parent: IBS Group
buyer: Luxoft (LXFT:$910.70)
Luxoft is a top quality Central and Eastern European IT service provider of high-end business solutions to clients across the globe. "
target: Freedom OSS
Freedom Open Source Solutions is a Professional Services organization with focus on Practical Solutions using JBoss and Red Hat Professional Open Source products. Freedom OSS is an International Firm with offices across the United States and Eastern Europe.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/22/2008 via BusinessWire

Luxoft, acquired ITC Networks

synopsis: Luxoft, a global provider of high-end application and product development services, has acquired Bucharest-headquartered ITC Networks, a leading Romanian software outsourcing provider specializing in the telecommunications industry. The combined company will have more then 3000 employees and an annual revenue run rate of over $150 million.
buyer: Luxoft (LXFT:$910.70)
Luxoft was founded with a very clear mission: to help its customers in designing, developing, testing, and managing software solutions. Today, we continue operating within this mission, broadening the scope of services and demonstrating strong delivery and growth capabilities. "
target: ITC Networks
ITC Networks is a specialized provider of software engineering services for the telecommunications industry. ITC Networks’ range of services includes system and application development, re-engineering, software testing and test automation, maintenance, and support.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2006 via BusinessWire

Luxoft, acquired IT Consulting International

synopsis: Luxoft, the global provider of IT outsourcing services, today announced the acquisition of New York City-based IT Consulting International (ITCI), a company which has been providing IT outsourcing, on-site staffing and project management services for Fortune 500 and middle market businesses since 1993.
buyer: Luxoft (LXFT:$910.70)
Luxoft was founded with a very clear mission: to help its customers in designing, developing, testing, and managing software solutions. Today, we continue operating within this mission, broadening the scope of services and demonstrating strong delivery and growth capabilities. "
target: IT Consulting International
New York City-based IT Consulting International (ITCI), a company which has been providing IT outsourcing, on-site staffing and project management services for Fortune 500 and middle market businesses since 1993.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/11/2019 via BusinessWire

DXC Technology Company, acquired Luxoft

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, has acquired Luxoft, a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering.
price ($mm)[EV]
$2,067 [$1,978]
rev ($mm)
$911
EBITDA ($mm)
$98
EV / rev
2.2x
EV / EBITDA
20.1x
announced 9/23/2021 via Yahoo, Inc.

Saber Interactive, will acquire Bytex

synopsis: Embracer, through its wholly owned subsidiary Saber Interactive, has entered into an agreement to acquire 100 percent of the shares in Bytex, a reputable Quality Assurance ("QA") and Work for hire-developer studio based in Saransk, Russia. They offer full QA capabilities throughout the game development process across all platforms.
buyer parent: Embracer Group
buyer: Saber Interactive
Saber Interactive is an independent developer of interactive games and entertainment. Founded in 2001, Saber has grown into one of the largest and longest-standing developers of interactive games in Russia/Eastern Europe and one of the few remaining independent game studios producing AAA content. "
target: Bytex
Bytex is a reputable Quality Assurance ("QA") and Work for hire-developer studio based in Saransk, Russia. They offer full QA capabilities throughout the game development process across all platforms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/21/2019 via BNC Analysis

Northedge Capital Partners, will acquire Catalis SE

synopsis: Catalis Group, a UK video game firm that's composed of; Testronic, a provider of quality assurance services, Kuju, a company that creates top-rated games, and Curve Digital, an award-winning digital games publisher, will be acquired by NorthEdge, a UK a private equity firm focused on lower mid-market buy-out and development capital transactions.
buyer: Northedge Capital Partners
Headquartered in the UK, NorthEdge manages £650m of private equity funds aimed at lower mid-market buy-out and development capital transactions. They are looking to invest in like-minded businesses who have real ambition and the potential to shape global markets from the regional powerhouses. "
target: Catalis SE (DB:XAE2:$29.89)
Catalis Group is a UK video game firm that covers every aspect of game testing, development and publishing. It’s composed of 3 companies; Testronic, a provider of quality assurance services, Kuju, a company that creates top-rated games, and Curve Digital, an award-winning digital games publisher.
price ($mm)
$109
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/1/2020 via GlobeNewswire

Gofore Oy, purchased Qentinel Finland from Qentinel Pace

synopsis: Qentinel has sold its consulting arm, Qentinel Finland, to Gofore, a Finland-based digitalization specialist. Qentinel has transitioned to a product only company, focusing on its robotic software testing platform, Qentinel Pace. Qentinel Finland is an professional IT services provider specialized in software quality assurance.
buyer: Gofore Oy (HLSE:GOFORE:$81.58)
Gofore is a Finland-based digitalization specialist with international growth plans. Gofore enables companies to renew their businesses, helps them transform their organizations and operations, helps reshape their culture, and designs and delivers end-to-end technical solutions. "
seller: Qentinel Pace
Qentinel Finland is the consulting arm of Qentinel Pace, a highly scalable, AI powered cloud-based robotic software testing platform. Qentinel Finland is an professional IT services provider specialized in software quality assurance and testing automation.
price ($mm)[EV]
$10 [$9]
rev ($mm)
$14
EBITDA ($mm)
$2
EV / rev
0.8x
EV / EBITDA
5.5x
announced 10/25/2017 via BNC Analysis

Keywords Studios, will acquire VMC Consulting Corporation

synopsis: Technical services provider Keywords Studios is set to buy QA and customer support provider VMC from owner Volt Information Sciences. VMC provides functional testing, customer support and localization services both in and outside of the games industry.
buyer: Keywords Studios (AIM:KWS:$497.30)
Keywords Studios is an international technical services provider to the global video games industry. They provide integrated art production, localization, testing, audio, player support and engineering services across 50 languages and 14 game platforms to blue chip clients in over 18 countries. "
target parent: Volt Information Sciences, Inc.
target: VMC Consulting Corporation
VMC combines technical expertise and vigilant dedication to deliver unmatched development, QA, localization, and technical support services. VMC serves as a seamless extension of their client's team to improve product quality, accelerate productivity, and maximize customer satisfaction.
price ($mm)
$66
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/5/2017 via BNC Analysis

Altran Technologies S.A., will acquire Global Edge Software Limited

synopsis: Altran announced that it will acquire GlobalEdge Software Limited, an India-based product engineering company specialized in embedded software solutions and IoT Solutions. GlobalEdge Software serves mostly the Semiconductor, Automotive, Consumer Electronics, Telecom, IoT and Industrial sectors.
buyer: Altran Technologies S.A. (ENXTPA:ALT:$2,646.51)
As a global leader in Engineering and R&D services (ER&D), Altran offers its clients a new way to innovate. The Group has provided its expertise to key players in the Aerospace, Automotive, Defence, Energy, Finance, Life Sciences, Railway, and Telecom sectors, among others. "
target: Global Edge Software Limited
GlobalEdge Software is an embedded product engineering and testing services company working in the Semiconductor, Automotive, Consumer Electronics, Telecom, IoT and Industrial sectors. With a portfolio of products, middleware solutions and test automation frameworks, they give a time-to-market edge.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/17/2017 via Market Wire

LogiGear Corporation, acquired True North Service, Inc.

synopsis: LogiGear, a world leader in software testing solutions, announced that it has completed the acquisition of True North Service (TNS), a provider of contract staffing and software testing services to technology companies.
buyer: LogiGear Corporation
LogiGear Corporation provides leading-edge software testing technologies and expertise, along with software development services that enable companies to accelerate business growth while having confidence in the software they deliver. "
target: True North Service, Inc.
True North Service (TNS) is a provider of contract staffing and software testing services to technology companies. TNS was established in Seattle in 2007 as a mobile content certification house testing games and apps for developers, operators, and storefronts before TNS expanded its services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/27/2016 via Reuters

VERISERVE Corporation, will acquire GIOT Corporation

synopsis: Verserve Corporation will acquire additional shares in GIOT Corporation to raise its stake in the company to 96.51 percent. GIOT Corporation offers inter-operability verification services of IT equipment. GIOT provides smart phone test and certification, technical support, and call center services.
buyer parent: Sumitomo Corporation
buyer: VERISERVE Corporation (TSE:3724:$53.71)
VeriServe is a quality verification service provider for IT related products. It has specialties in both Embedded area (such as mobile phones, car navigation systems, audio-visual products, etc) and Enterprise IT systems area. "
target: GIOT Corporation
GIOT Corporation, based in Japan, offers Internet of Things (IoT) interoperability testing.
price ($mm)
$0.44*
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.3x
EV / EBITDA
closed 4/28/2022 via Company Press Release

HackerOne, acquired PullRequest

synopsis: HackerOne, the world’s most trusted provider of ethical hacking solutions, announced its acquisition of PullRequest, the pioneer of code-review-as-a-service. PullRequest’s technology and code reviewers will enable developer-first security testing solutions.
buyer: HackerOne
HackerOne was started by hackers and security leaders who are driven by a passion to make the internet safer. HackerOne partners with the global hacker community to surface the most relevant security issues of its customers before they can be exploited by criminals. "
target: PullRequest
PullRequest is passionate about code quality. By combining AI, professional reviewers, and tooling, PullRequest helps development teams ship code faster, with improved quality and reduced development lifecycle costs over time.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/27/2021 via BNC Analysis

Tech Mahindra Limited, acquired Lodestone LLC

synopsis: Bangalore-Pune-based IT services major Tech Mahindra Ltd announced that it has acquired US-based Lodestone (Infostar LLC). Infostar LLC is a digital product engineering company that uses the technology platform LodeStone to offer end-to-end product and data quality assurance solutions.
buyer parent: Mahindra Group
buyer: Tech Mahindra Limited (NSEI:TECHM:$5,527.41)
Based in India, Tech Mahindra represents the connected world, offering innovative, customer-centric information technology experiences. Their convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value. "
target: Lodestone LLC
Lodestone (Infostar LLC) is a leading digital engineering quality assurance provider for new age digital companies. Infostar LLC is a digital product engineering company that uses the technology platform LodeStone to offer end-to-end product and data quality assurance solutions.
price ($mm)
$105
rev ($mm)
$43
EBITDA ($mm)
EV / rev
2.4x
EV / EBITDA
closed 3/3/2020 via GlobeNewswire

Computer Task Group Inc., acquired StarDust

synopsis: CTG, a leading provider of information technology (IT) solutions and services in North America and Western Europe, announced it has acquired StarDust, a leader in testing and quality assurance for digital services based in Marseille, France, and with operations in Montreal, Canada.
buyer: Computer Task Group Inc. (CTG:$394.17)
CTG (Computer Task Group) provides industry-specific IT services and solutions that address the business needs and challenges of clients in high-growth industries in North America and Western Europe. CTG also provides strategic staffing services for major technology companies and large corporations."
target: StarDust
StarDust is a leader in testing and quality assurance for digital services based in Marseille, France, and with operations in Montreal, Canada.
price ($mm)
$4.85
rev ($mm)
$7
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 7/31/2018 via Company Press Release

Acronis Inc., acquired T-Soft Ltd.

synopsis: Acronis, a global leader in cyber protection and hybrid cloud storage, announced that it has acquired software engineering company T-Soft. T-Soft has been providing Acronis with exceptional software development services since 2012. The Sofia-based subsidiary will change its name to Acronis Bulgaria.
buyer: Acronis Inc.
Acronis sets the standard for cyber protection and hybrid cloud storage through its innovative backup, anti-ransomware; disaster recovery, storage, and enterprise file sync and share solutions. Acronis protects all data in any environment, including physical, virtual, cloud, and mobile. "
target: T-Soft Ltd.
T-Soft is a software services company. T-Soft started providing highly efficient manual and automated software testing services. As a natural extension of their know-how, T-Soft added software development, technical support and technical writing to its portfolio of services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via PR Web

QA Mentor, Inc., acquired Zado Infotech Solutions India Pvt Ltd

synopsis: QA Mentor, Inc., the global award-winning, leading software quality assurance and testing services provider, has acquired Zado Infotech Solutions India Pvt Ltd, a provider of test automation solutions with specific focus on web, mobile and cloud applications. Zado ensures the reliability and performance of applications in diverse environments.
buyer: QA Mentor, Inc.
QA Mentor was established in 2010 with the objective of helping organizations improve their QA functions, optimize their QA process and become the best Software Testing QA Company in the world. "
target: Zado Infotech Solutions India Pvt Ltd
Zado Infotech Solutions is a provider of test automation solutions with specific focus on web, mobile and cloud applications. The company’s framework-driven approach to test automation ensures reliability and performance of applications in diverse environments and complexities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/1/2015 via BNC Analysis

Saksoft Limited, acquired 360Logica.com

synopsis: Saksoft, the information management specialist company, in a filing to the BSE, said it has acquired a 51% ownership stake in 360Logica Testing Services Private Limited, a leading offshore software testing company. The company provides independent testing services and QA consulting through dedicated offshore teams and onsite experts.
buyer: Saksoft Limited (NSEI:SAKSOFT:$60.12)
Saksoft is a leading provider of Information Management solutions to successful organizations around the world. They deliver success by helping clients to consolidate, organize and manage the vast volumes of data they collect. "
target: 360Logica.com
360logica is a leading offshore software testing company. Based in premier locations in India and the United States, 360logica provides independent testing services and QA consulting through dedicated offshore teams and onsite experts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/5/2014 via Market Wire

Applause, acquired Testhub

synopsis: Software testing leader uTest rebranded as Applause and announced its entry into the EU market by acquiring top German crowdtesting company, Testhub, which will become the European headquarters for Applause operations. As part of the acquisition, Berlin Technologie Holding becomes a strategic investor in Applause EU.
buyer: Applause
Launched in 2008 as uTest, Applause enables companies to deliver digital experiences-- from web to mobile and beyond. By combining in-the-wild testing services, software tools and analytics, it helps companies achieve the 360° app quality they need to thrive in the modern apps economy. "
target: Testhub
Testhub is an expert in crowd-based software testing. With the help of the Crowd intelligence websites, e-commerce shops, mobile applications (apps) as well as additional software products can be tested under real conditions by a multitude of real testers and their devices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/14/2011 via BusinessWire

Computer Sciences Corporation, acquired AppLabs Technologies

synopsis: Computer Sciences Corporation (CSC) announced that it has acquired AppLabs Technologies Private Limited, the world’s largest pure-play software testing and quality management service provider. The acquisition vaults CSC into a leadership role in providing application testing services in the high growth discrete testing market.
buyer: Computer Sciences Corporation (DXC:$18,892.00)
Computer Sciences Corporation is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, the Managed Services Sector and the North American Public Sector. "
target parent: Sequoia Capital
target: AppLabs Technologies
AppLabs Technologies is the world's largest software testing and quality management company. It provides both quality assurance and third-party validation through a combination of consulting, outsourcing, offshore and specialist services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/27/2005 via PR Newswire

AppLabs Technologies will be merged with VisualSoft Technologies,

synopsis: AppLabs Technologies, a specialist in testing, development and certification solutions; eSolutions, and VisualSoft Technologies, a software solution provider operating in the areas of outsourced product development and advanced technology solutions, announced today that the three companies plan to merge together.
buyer: VisualSoft Technologies
VisualSoft Technologies is a leading software solution company providing end to end solutions covering the full life cycle of software development. "
target: AppLabs Technologies
AppLabs Technologies is a global IT services company specializing in software testing and development, with an emphasis on quality assurance, performance, certification and hardware testing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/22/2021 via PR Newswire

Advent International, acquired Encora

synopsis: Encora, a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally-native companies and Advent International, a leading global private equity firm, announced that Advent has acquired a majority stake in Encora's business.
buyer: Advent International
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 350 private equity transactions in 41 countries, and as of June 30, 2020, had $58.4 billion in assets under management. "
target parent: Warburg Pincus
target: Encora
Encora is a leader in outsourced product development services, specializing in innovation acceleration for leading-edge technology companies. Encora's global talent pool, micro-industry vertical expertise and proprietary agile engineering capabilities enable clients to improve their speed to impact.
price ($mm)
$1,500
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2020 via BNC Analysis

Testronic Laboratories Limited, acquired Whyttest SRL

synopsis: Service provider Testronic has acquired QA and customer support company Whyttest. 150 technicians from the firm, based in Romania and Serbia, will be joining Testronic, which will be taking the total headcount of the company to over 1,000 staff. Whyttest was founded in 2014 in Bucharest, Romania, by Marius Potirniche, who previously worked for Ubis
buyer: Testronic Laboratories Limited
Testronic are leaders in Quality Assurance, Localization Services, Compliance, and Certification, Testronic offers end-to-end Testing and QA solutions for the games and film/television industries. "
target: Whyttest SRL
Whyttest is a QA (quality assurance) and customer support company. Whyttest was founded in 2014 in Bucharest, Romania, by Marius Potirniche, who previously worked for 12 years at Ubisoft.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2018 via PR Newswire

GlobalStep, acquired Testology

synopsis: GlobalStep, a world leader in technology services to the Games Industry, announced its acquisition of Testology. Founded in 2006, Testology has been providing Quality Assurance Services to the video games industry out of its offices in Aldershot, located in close proximity to Guildford, a games industry hub in the UK.
buyer: GlobalStep
GlobalStep is a world leader in technology services. It's service offerings to the games industry include Quality Assurance, Localization, Quality Engineering, Player Support, and Play Test Data Analytics. "
target: Testology
Founded in 2006, Testology has been providing Quality Assurance Services to the video games industry out of its offices in Aldershot, located in close proximity to Guildford, a games industry hub in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Matching Companies
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Lattice Semiconductor
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Thundersoft
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Ambarella, Inc.
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Akamai Technologies
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Pole To Win Co., Ltd.
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Pole To Win (PTW) is the world's outsourcing services provider for software, games, e-commerce, and more. Their wide range of services includes: Quality Testing, Quality Engineering, Translation and Localization, Customer Support, and Onsite Services.
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Employees
1356
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Digital Hearts Co., Ltd.
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Keywords Studios
Keywords Studios
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Spirent Communications plc
Spirent Communications plc
Spirent Communications plc. is the leading provider of verification, assessment, analytics, and device intelligence solutions. They enable those who deliver networks, connected devices, and communication services to provide a superior user experience.
year
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