Tech Company M&A Transactions
Versata Acquisition
On 7/12/2005, Versata was bought by Trilogy. Deal value was $3.3 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/12/2005
Transaction Type
M&A
Amount
$3,300,000
M&A Terms
agreement under which Trilogy will make a $0.40 per share cash tender offer for all of Versata's 8.2 million shares outstanding. The transaction, valued at $3.3 million, has been unanimously approved by the boards of directors of Versata and Trilogy. The price to Versata stockholders represents a premium of 90 percent based on the closing price of Versata common stock on December 6, 2005.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
6011 West Courtyard Drive
Austin, TX 78730
USA
Austin, TX 78730
USA
Phone
Website
Email Address
Not Recorded
Overview
Versata provides solutions for automating and simplifying the building, maintenance and ongoing evolution of large, complex, data-intensive enterprise applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Chamberlain
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