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Announced

Completed

CloudBees completed the acquisition of ReleaseIQ.

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

software company

Friendly

no-code pipeline orchestration

Software

Majority

Cross Border

Completed

India

Acquisition

Private

Synopsis

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CloudBees, a provider of software delivery platform for enterprises, completed the acquisition of ReleaseIQ, a provider of software solutions by developing software tools for stream management, delivery platform, deployment frequency, and lead. Financial terms were not disclosed. “The decision to acquire ReleaseIQ was rooted in three core beliefs: choice, visibility and continuous value. First, businesses need to empower developers by providing a choice of tools versus forcing a toolset. Second, as DevSecOps matures, it is no longer acceptable to have a limited view of your software delivery ecosystem. And lastly, the future of business is rooted in the ability to continuously deliver innovation to the customers you serve,” Anuj Kapur, CloudBees President and CEO.

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