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Announced

Completed

Snow Software completed the acquisition of Embotics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

cloud management

Majority

Friendly

Private

Software

Acquisition

Single Bidder

Completed

Synopsis

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Snow Software, a provider of technology intelligence solutions, completed the acquisition of Embotics, a hybrid cloud management company. Financial terms were not disclosed. “Today, these organizations are strategically blending on-premises, private, public and multicloud architectures, and that requires a flexible and multi-faceted approach to gain agility through automation while controlling costs and risks. By joining forces with Snow, Embotics will continue to address these issues and answer the next generation of challenges with integrated capabilities at a global scale. Both organizations have a customer-centric DNA and commitment to innovation that will help us achieve our shared vision of technology intelligence,” Jay Litkey, Embotics Founder and President.

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