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New Deal


Announced

Tricentis to acquire Neotys.

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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software development

Domestic

Friendly

Single Bidder

Acquisition

United States

Software

Pending

performance testing

Private

Majority

Synopsis

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Tricentis, a testing platform for modern cloud and enterprise applications, agreed to acquire Neotys, a performance testing company. Financial terms were not disclosed. With this acquisition, Tricentis will further expand its AI-driven, end-to-end continuous testing platform to offer the most comprehensive testing solution to accelerate software delivery and innovation.

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