Tech Company M&A Transactions
ServiceMax Acquisition
On 11/15/2016, ServiceMax was acquired by General Electric. Purchase price was estimated to be $915 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/15/2016
Transaction Type
M&A
Amount
$915,000,000
M&A Terms
The acquisition provides GE Digital with enhanced capabilities to advance its Industrial Internet vision, enabling customers to immediately gain more value from their assets and find greater efficiency in their field service processes. Additional financial terms were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4450 Rosewood Dr. 200
Pleasanton, CA 94588
USA
Pleasanton, CA 94588
USA
Phone
Website
Email Address
Overview
ServiceMax is the complete field service software solution helping companies of all sizes manage contracts, scheduling, and parts, while also providing solutions for social, portals, and analytics -- all delivered in the cloud to any mobile device.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Neil Barua
Chief Financial Officer
Simon Edwards
Chief Marketing Officer
Stacey Epstein
VP - Customer Service
David Kahley
VP - Engineering
Ashish Agrawal
VP - Human Resources
Bettina Koblick
VP - Product Management
Amit Jain
VP - Sales
Michael Jerich
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