- PointBase technology critical to DataMirror’s development efforts around RFID and data synch apps for the handheld market.
- PointBase technology was an important factor in IBM’s decision to acquire DataMirror in 2007.
Overview
On December 18, 2003, DataMirror acquired PointBase, a leading provider of embedded database and synchronization solutions.
All-cash deal, with additional proceeds becoming payable upon hitting certain revenue milestones.
Significance
Catapult’s role
- Ran a competitive process that resulted in multiple offers.
- Navigated several complex issues that arose late in the process, including long term contractual obligations and export controls.
- Leveraged interest from a key DataMirror competitor to accelerate the process and drive up valuation.
“We retained Catapult Advisors on the recommendation of one of our venture investors when we decided to explore a sale of our company. The Catapult team proved invaluable in helping us navigate an unusual amount of complexity. They are smart, efficient and flexible, all critical traits for getting deals done.”
