Home > M&A deals 2008 > General Dynamics Information Technology, Inc. acquires VIPS, Inc.
Divestiture · Information Technology · July 2008

General Dynamics Information Technology, Inc. acquires VIPS, Inc.

On July 22, 2008, General Dynamics Information Technology, Inc. acquired VIPS, Inc., an information technology company in Maryland, United States, from WebMD Health Corp.

Deal at a glance

AnnouncedJuly 22, 2008 TypeDivestiture TargetVIPS, Inc. Buyer General Dynamics Information Technology, Inc. Seller WebMD Health Corp. SectorInformation Technology LocationMaryland, United States ValueMembers only

Target company

VIPS, Inc.
Maryland, United States
Information Technologysector
-founded
Activestatus
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Buyer

General Dynamics Information Technology, Inc.
Company · 2 deals on record
  • 1st transaction in information technology
  • 1st transaction in United States
2deals, all time
2in this sector
2008latest

Seller

WebMD Health Corp.
Company · 10 deals on record
10investments
3in this sector
2exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired VIPS, Inc.?General Dynamics Information Technology, Inc. acquired VIPS, Inc. on July 22, 2008.

Who sold VIPS, Inc.?WebMD Health Corp. was the seller.

What type of deal was it?It was a divestiture in the information technology sector in 2008.

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