Additional Details

  • Ad ID2859
  • Posted On10 months ago
  • Ad Views755
  • Price$7,500,000

Description

Data Migration Company with Fortune 500 Clients in Greater San Francisco Bay Area

The company developed and markets a powerful data transformation suite of software that has been successfully used by Fortune 500 companies to analyze, map, convert, cleanse, balance, and validate data into and out of multiple platforms such as MVS, AS400, Unix and Windows.

This product has been used world-wide in hundreds of data conversions for thousands of applications over the past 40 years.  Customers exist in the Banking, Insurance, Utilities, Manufacturing, Government, Healthcare and other industries. The most common use case is to access data in legacy systems, clean, validate, map and load the data into modern platforms.  This typically occurs when systems are upgraded or when companies are acquired.   The system is extremely flexible and executes the conversion process much faster than the other tools currently available.

The owner, who built this company with his brother, is seeking to retire after 40 years.  He is of good health and willing to work with the new buyer to successfully transition the company and products into new ownership. He is also open and flexible to structure a deal that works well for all parties involved.

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