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New Deal


Announced

NTT DATA to acquire Nexient.

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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Majority

United States

Single Bidder

Acquisition

Pending

Private

software services

Software

Domestic

Friendly

Synopsis

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NTT DATA, a provider of large scale system integration and networking system services, agreed to acquire Nexient, a software services firm. Financial terms were not disclosed. “Application development and modernization is a critical and fast-growing piece of the digital transformation value chain. With Nexient’s agile, product-minded development disciplines, we’re better equipped to help our clients quickly take advantage of digital innovations. NTT DATA is investing to grow our business and our digital expertise through hiring, training and R&D, as well as targeted acquisitions of best-in-class, digital companies. Nexient is the next step in this strategy and a great addition to our team," Eric Clark, NTT DATA Chief Digital & Strategy Officer.

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