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Announced

Completed

Tricentis completed the acquisition of Tx3 Digital.

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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Single Bidder

United States

software development

Acquisition

Domestic

Majority

compliance software

Completed

Software

Friendly

life sciences software

Private

Synopsis

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Tricentis, a provider of test automation for modern cloud and enterprise applications, completed the acquisition of Tx3 Digital, a provider of automated quality and compliance software testing solutions for life sciences companies. Financial terms were not disclosed. "Tricentis is already helping thousands of organizations produce high-quality software more quickly and efficiently. And by combining our robust portfolio of software testing products with Tx3’s specialized digital validation platform, Tricentis will provide an incredibly comprehensive and powerful solution specifically for life sciences and healthcare organizations looking to advance their digital transformation journey," Kevin Thompson, Tricentis Chairman and CEO.

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