Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 12:09 AM
Recent mergers and acquisitions in the Application Software M&A category.
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Slide #9. Pegasystems — Assets of MeshLabs Software Private Limited
Acquirer:
Pegasystems (NASDAQ:PEGA)
Acquiree:
Assets of MeshLabs Software Private Limited
Details:
Pegasystems Inc. (NASDAQ: PEGA), the software company powering the digital enterprise with Better Business Software, today announced that it has acquired the assets of MeshLabs Software Private Limited, a provider of advanced text analytics and social engagement solutions, based in Bangalore, India.
Pegasystems develops, markets, licenses, hosts, and supports enterprise software. Pega Infinity™, a version of Co.'s software portfolio, helps connect enterprises to their customers in real-time across channels, streamline business operations, and adapt to meet changing requirements. Co.'s applications and platform intersect with and encompass several software markets, including customer engagement, digital process automation, low code application development platforms, robotic process automation, business rules management systems, decision management, and vertical-specific software market of industry solutions and packaged applications.
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Avg. Broker Rec.
 
|
Buy (2.62 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: PEGA Stock Forecast Based on Zacks ABR data; powered by Xignite |
