Blink.com + CoolSync
Bookmarks, drkoop.com + drDrew.com, GoCollect.com +
SimplyCollectible.com, GoPublicNow.com + Heritage West
Securities, Software AG + SAGA
Systems, ValueClick + Click Agents.com
Software AG to acquire SAGA Systems
(AGS) |
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Amount: $360
million |
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Terms:
100% cash |
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Premium: n/a |
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Industry: Performance
software |
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Scorecard: B |
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DARMSTADT, Germany, Nov. 2--Software AG, a leading European
system software provider offering cutting edge technology for data
management and e-business, and SAGA Systems
announced that Software AG will
acquire all outstanding common stock in SAGA Systems for $11.50 per SAGA
Systems share in cash, for a total transaction value of approximately $360
million. With the acquisition of SAGA, Software AG will be able to expand
significantly into the North America, South America, Japan, and Israel
markets for B2B e-commerce and XML technologies. Software AG is listed on
the Frankfurt Stock Exchange.
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