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Rogue Wave Software acquires Visual Numerics

May 06, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Rogue Wave Software, Inc., a provider of enterprise C++ components and infrastructure, has acquired Visual Numerics, Inc., a provider of numerical analysis and visualization software solutions. Both the companies are based in the US. 

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status  Completed: 2009-05-05

Deal Participants 

Target (Company)   Visual Numerics, Inc.
Acquirer (Company) Rogue Wave Software, Inc.

Deal Rationale

The acquisition would complement the Rogue Wave product families of software development tools, components, and frameworks. It would also allow Rogue Wave's customers to deliver advanced analytics applications in scalable and distributed computing environments.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

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Related terms: acquisition, software

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