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New Deal


Announced

SonarSource to acquire RIPS Technologies.

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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Germany

Pending

Single Bidder

Digital Services

Friendly

Majority

IT Services: Other

Private

Acquisition

code security

Synopsis

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SonarSource, a provider of code quality and code security solutions, agreed to acquire RIPS Technologies, a German startup providing code security analyzers. Financial terms were not disclosed. "Merging with SonarSource is a perfect fit and enables us to unfold our unique technology to the worldwide developer community. We are thrilled to join forces with a fast-growing technology company that has an amazing culture and world-class products," Dr. Johannes Dahse, RIPS Technologies CEO & Co-Founder.

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