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New Deal


Announced

Enghouse Systems to acquire Altitude Software.

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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Acquisition

Cross Border

Single Bidder

Portugal

software services

Private

Joint Venture

Friendly

Software

Pending

Synopsis

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Enghouse Systems, a Canadian publicly traded company, which provides enterprise software solutions focusing on remote work, visual computing and communications, agreed to acquire Altitude Software, a software technology provider in Portugal. Financial terms were not disclosed. "Altitude expands our presence in Latin countries -- primarily in Spain, Brazil, Mexico and now Portugal – enabling us to capture additional opportunities within these markets," Steve Sadler, Enghouse Chairman & CEO.

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