Friday, July 19, 2024
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Merger & Acquisition Digest

A roundup of this week’s mergers and acquisitions in B2B…

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ARI Network Services Inc., an award-winning provider of SaaS, software tools and marketing services that help dealers, distributors and manufacturers Sell More Stuff!™, has entered into a definitive agreement to be acquired by an affiliate of True Wind Capital Management, LLC, a San Francisco-based private equity firm focused on investing in leading technology companies.

Under the terms of the agreement, ARI shareholders will receive $7.10 in cash for each share of ARI common stock they own. The purchase price represents a premium of approximately 33% to ARI’s average closing price for the period of 60 trading days ending June 20, 2017. The all-cash transaction represents an enterprise value of approximately $140 million and has been unanimously approved by ARI’s Board of Directors.

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Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, announced the acquisition of the MiriMON technology and development team from Genius Digital, the expert in audience analytics for TV. This state-of-the-art client device data collection technology has already been integrated within the Verimatrix Verspective™ Operator Analytics solution suite and ViewRight® Ultra downloadable app packages. As a part of Verspective, the technology provides real-time service quality and customer experience visibility at the device level, as well as feeds the Verspective platform that provides powerful competitive insight for next-generation video services. This acquisition enables a closer alignment with Verspective and its security foundations and full control over the roadmaps for the core data collection technology and service dashboard displays.

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