Home > M&A deals 2010 > International Business Machines Corp. acquires Initiate Systems, Inc.
Add-on Acquistion · Software · March 2010

International Business Machines Corp. acquires Initiate Systems, Inc.

On March 1, 2010, International Business Machines Corp. acquired Initiate Systems, Inc., a software company in Illinois, United States, from First Analysis Corp., Dunrath Capital, Inc. and Paladin Capital Group.

Deal at a glance

AnnouncedMarch 1, 2010 TypeAdd-on Acquistion TargetInitiate Systems, Inc. Buyer International Business Machines Corp. Sellers First Analysis Corp.
Dunrath Capital, Inc.
Paladin Capital Group SectorSoftware LocationIllinois, United States ValueNot disclosed

Target company

Initiate Systems, Inc.
Illinois, United States
Initiate's software helps healthcare clients work more intelligently and efficiently with timely access to patient and clinical data. It also enables governments to share information across multiple agencies to better serve citizens.
Softwaresector
1994founded
Activestatus
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Buyer

International Business Machines Corp.
Company · 247 deals on record
  • 64th transaction in software
  • 74th transaction in United States
247deals, all time
112in this sector
2026latest

Sellers (3)

First Analysis Corp.
Private equity firm · 111 deals on record
Dunrath Capital, Inc.
Private equity firm · 10 deals on record
Paladin Capital Group
Private equity firm
111investments
17in this sector
58exits

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Questions about this deal

Who acquired Initiate Systems, Inc.?International Business Machines Corp. acquired Initiate Systems, Inc. on March 1, 2010.

Who sold Initiate Systems, Inc.?First Analysis Corp., Dunrath Capital, Inc. and Paladin Capital Group were the sellers.

What type of deal was it?It was a add-on acquistion in the software sector in 2010.

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Source: company press release, March 1, 2010 · Data updated daily on AcquityData (Acquity Data).