Ascential Software Corporation, a provider of enterprise data integration, jointly announced a definitive agreement to acquire Mercator Software, a provider of data transformation and routing solutions designed for complex, high-volume transaction processing environments. The acquisition, structured as a cash tender offer, is valued at approximately $106 million. This combination is expected to create the largest independent enterprise data integration software company with current annualized revenues of approximately $250 million and more than 3,000 customers.
"Mercator's offerings are widely recognized for their ability to address high-performance, real time, complex data integration requirements and are a natural complement to our offerings," said Peter Gyenes Chairman and CEO, Ascential Software. "Our combined technologies, distribution channels, partnerships, geographic coverage, and skill sets expand the size and scale of our company, and allow customers to apply our comprehensive data integration platform pervasively, throughout their enterprise, to support transactional, operational and analytical application environments, regardless of data volumes or latency."
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