Home > M&A deals 2011 > International Business Machines Corp. acquires Algorithmics, Inc.
Divestiture · Software · September 2011

International Business Machines Corp. acquires Algorithmics, Inc.

On September 1, 2011, International Business Machines Corp. acquired Algorithmics, Inc., a software company in Ontario, Canada, from Fitch Ratings, Inc. - Fitch Group.

Deal at a glance

AnnouncedSeptember 1, 2011 TypeDivestiture TargetAlgorithmics, Inc. Buyer International Business Machines Corp. Seller Fitch Ratings, Inc. - Fitch Group SectorSoftware LocationOntario, Canada ValueMembers only

Target company

Algorithmics, Inc.
Ontario, Canada
Algorithmics is the world's leading provider of risk solutions. Financial organizations from around the world use Algorithmics software, analytics and advisory services to help them make risk-aware business decisions, maximize shareholder value, and meet re...
Softwaresector
1989founded
Activestatus
View the company profile →

Buyer

International Business Machines Corp.
Company · 247 deals on record
  • 75th transaction in software
  • 10th transaction in Canada
247deals, all time
112in this sector
2026latest

Seller

Fitch Ratings, Inc. - Fitch Group
Company · 2 deals on record
2investments
1in this sector
1exits

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 Algorithmics, Inc.?International Business Machines Corp. acquired Algorithmics, Inc. on September 1, 2011.

Who sold Algorithmics, Inc.?Fitch Ratings, Inc. - Fitch Group was the seller.

What type of deal was it?It was a divestiture in the software sector in 2011.

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Source: company press release, September 1, 2011 · Data updated daily on AcquityData (Acquity Data).