The Swiss Times - Swiss News in English

Swiss SaaS Acquisition: Datasite Buys Sherpany

  • By The Swiss Times
  • 27 February 2024

Datasite acquires Zurich’s Sherpany, the undisclosed deal will go through pending final conditions.

Swiss SaaS Acquisition: Datasite Buys Sherpany
Keystone/SDA – JOAN MATEU PARRA

It’s being reported that Datasite, an American SaaS entity, has acquired Sherpany, a Zurich-based software firm specializing in reporting and meeting management. This acquisition, finalized with undisclosed terms.

Sherpany, established in 2011, has contributed to the efficiency of board and general meetings through its software solutions. The acquisition by Datasite is intended to augment its product range with advanced functionalities aimed at improving board collaboration and organizational efficiency.

Despite the potential benefits, the lack of disclosed terms casts a shadow over the deal’s transparency, leaving outsiders speculating about the valuation and strategic intentions behind the acquisition.

Set to close in Q1 2024 if final conditions are met. Sherpany will continue to operate as a distinct entity, with the investment of Datasite backing them.

Most Read

Switzerland’s Economy Boasts CHF 61 Billion Surplus

22 March 2024
Switzerland’s Economy Boasts CHF 61 Billion Surplus
Switzerland's current account surplus reaches CHF 61 billion in 2023.

Swiss Franc Dips After SNB’s Interest Rate Cut

22 March 2024
Swiss Franc Dips After SNB’s Interest Rate Cut
Post an unexpected rate cut by the Swiss National Bank, the Swiss Franc weakens, especially against the US dollar.

Naysayers Were Right: There Was No COVID Pandemic in Switzerland

18 March 2024
Naysayers Were Right: There Was No COVID Pandemic in Switzerland
Fresh data released by the Swiss Federal Office of Statistics destroys the COVID narrative that a pandemic ripped through Switzerland.

Biognosys Elevates Biomarker Discovery with Advanced Plasma Proteomics

22 March 2024
Biognosys Elevates Biomarker Discovery with Advanced Plasma Proteomics
Biognosys unveils enhanced plasma proteomics services, achieving up to 7,000 protein groups' depth.

Stay in Touch!

Noteworthy

UBS Finalises Spin-off of Former CS Business
UBS Finalises Spin-off of Former CS Business
27 March 2024
Hemotune Secures CHF 14 Million for Clinical Trials
Hemotune Secures CHF 14 Million for Clinical Trials
26 March 2024