Metaserver Sells Technology license to Pervasive
Boston, MA, May 07, 2005 – Mirus Capital Advisors represented Metaserver, Inc., a business process integration software company based in North Haven, Connecticut, in a successful sale mandate. The sale took the form of a two-part transaction: a license agreement with Pervasive Software (NASDAQ: PVSW) and a sale of the business itself to Whitehill Technologies of Canada. Founded in 1996, Metaserver’s iConnect product is in use at some of the country’s leading insurance and financial services companies. Terms of the transactions were not disclosed.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.Back to Transactions