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New Deal


Announced

Software to acquire StreamSets for €524m.

Financials

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Transaction Value£438m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Pending

United States

Single Bidder

Productivity Software

Acquisition

Software

Majority

Cross Border

Private

Synopsis

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Software, a technology company, agreed to acquire StreamSets, a developer of a multi-cloud DataOps platform, for €524m ($586m). “We’re delighted to be joining the Software AG family and working with Sanjay and team on this next phase of our growth journey. Our products are made for each other, and we see tremendous opportunity in the convergence of application integration and data integration to deliver smart applications. I have been admiring Software AG’s transformation from afar, and together, I believe we will accelerate our growth trajectory by unlocking digital transformation for our customers," Girish Pancha, StreamSets CEO.

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