2012 Minnesota Tech M&A roundup


A total of 45 Minnesota tech M&A deals were documented throughout the year 2012. 

It’s an imperfect tally, as there are always undisclosed and off the record transactions, but still the most comprehensive data set that exists. If anything was missed, leave a comment & source.

By the numbers:

Monthly archive of 2012 Minnesota tech M&A activity:

December 2012:

St. Cloud IT outfit Marco makes Iowa acquisition

ConvergeOne Acquires G3 Technology Partners

Renters Warehouse acquires RentFeeder.com

November 2012:

Digi acquires machine to CRM firm Etherios

October 2012:

Minnesota Investment Group Acquires Varitronics

Boston Scientific to acquire 3D heart mapping firm Rhythmia Medical

Eden Prairie’s Datalink expanding east with StraTech acquisition

September 2012:

Navarre to Acquire End-to-End E-Commerce Service Provider SpeedFC

Digital River acquires Canadian firm for $102m

RJS buys EpicScience

Minneapolis startup Mobile On acquired by Nayamode

August 2012:

St.Cloud’s Marco acquires TelServ in South Dakota

SPS Commerce picks up New Jersey’s Edifice for $26m

RJS acquires custom developer NowData

FICO pours $115m cash into Adeptra and unveils buyback

Bloomington e-commerce firm ShopJimmy makes an acquisition

Itasca crosses the river to buy Simulation Works

July 2012:

RBA buys Meritide division

Prime Time Companies merges with Verus Corporation

Minneapolis’ Multiband swallowing New Jersey company for $42m

Avtex sells CityWatch to PE firm Riverside

Gray Squid Division merges with Canopy

June 2012:

Magenic acquires offshore firm in Manila

Deluxe picks up Utah’s SMB tech marketing firm OrangeSoda for $28m cash

mRemedy scooped up by Axial Exchange

Minneapolis software firm sold for $8m

Best Buy’s mindSHIFT makes an acquisition

Minneapolis’ Warm Health is acquired by Florida firm

Eden Prairie tech firm goes across the pond to buy Safestone

May 2012:

Pohlad backed Avtex acquires Reliant CCS

Largest Internet hub in the Twin Cities sold to Denver firm Cologix

April 2012:

ReconRobotics Acquires Xollai

Magnet 360 acquires Reside, forming ‘Social Enterprise Agency’

3M Acquires clinical NLP software firm CodeRyte

THQ sells off Chaska’s ValuSoft game division

Atomic Learning acquired by Boathouse and Renovus

Stratasys merging with Israeli firm Objet for global 3D printing powerhouse

Sophia acquired by Capella Education Company

March 2012:

PLATO buys Edutech SaaS firm Archipelago for $291m cash

February 2012:

TST Media Acquires Wisconsin Sports Network (WSN)

Asset Recovery Corp acquired by Arrow Electronics

January 2012:

GovDelivery Buys GovInteract

Best Buy Completes $167m Acquisition of mindSHIFT Technologies

NE Minneapolis’ Advanced Informatics acquired by Ascend Learning

Minneapolis Health IT firm expanding to Brazil through acquisition