SDL Acquires Idiom Technologies Inc. for $21,700,000
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=660f10a8-3f4a-4c65-bc8b-55bbc6e8d6e6&Preview=1 -
Date
2/11/2008 -
Company Name
Idiom Technologies Inc. -
Mailing Address
200 Fifth Avenue Waltham, MA 02451 -
Company Description
Idiom Technologies, Inc. is the leading provider of globalization management systems. Idiom’s flagship product, WorldServer 6.0, enables global companies to become simultaneous enterprises – able to release content in multiple forms and many languages simultaneously. -
Website
http://www.idiominc.com/
-
Transaction Type
M&A -
Transaction Amount
$21,700,000 -
Transaction Round
-
Proceeds Purposes
-
M&A Terms
SDL has acquired Idiom for a consideration of $21.7m (£11.1m*) plus the assumption of debt and working capital of $4.9m (£2.5m*).
