3 Acquisitions in the Developer Tools industry

Company acquisitions in the Developer Tools industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in the Developer Tools industry.

Kite acquired by Affirm

Details about the transaction:

Acquisition amount: $26,000,000

Announcement: 2 August 2021

Details about the company:

With the use of machine learning and internet programming skills, Kite enhances the coding environment.

Headquarter:

Where to find them: Website

Industry: Artificial Intelligence, Developer Platform, Developer Tools, Information Services, Machine Learning

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Spectral acquired by CloudGuard

Details about the transaction:

Acquisition amount: $60,000,000

Announcement: 1 February 2022

Details about the company:

Israeli firm Spectral is a leading pioneer in developer-first security products created by developers for developers.

Headquarter:

Where to find them: Website

Industry: Cyber Security, Developer Platform, Developer Tools, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

WildWorks acquired by Nazara Technologies

Details about the transaction:

Acquisition amount: $10,400,000

Announcement: 30 August 2022

Details about the company:

leading creator of free-to-play games available online for users of all ages.

Headquarter:

Where to find them: Website

Industry: Developer Tools, Gaming, Video Games

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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