Announced
Completed
Financials
Tags
United States
Software
Single Bidder
mobile software
Majority
Completed
Acquisition
Domestic
Private
Friendly
Synopsis
OutSystems, a developer of an application and delivery platform, completed the acquisition of Ionic, a developer of an open-source mobile software development kit. Financial terms were not disclosed. “I’m extremely proud of what Ionic and our community have accomplished and know that together Ionic and OutSystems will be an unstoppable force in enterprise application development. OutSystems shares our community-centric approach and focus on making software development easier and more accessible, whether you’re a solo developer or a larger business. With OutSystems, we’ll be able to take our vision even further, provide additional value to our customers and community members, and significantly increase our investments in open source product development and R&D," Max Lynch, Ionic Co-Founder and CEO.
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