Precisely Acquires DTS Software for Enhanced Mainframe Solutions
Deal News | Mar 31, 2025 | PR Newswire Cision Precisely
Precisely, a leader in data integrity solutions, has acquired DTS Software, a company renowned for mainframe storage optimization. This strategic acquisition aims to bolster Precisely's capabilities in providing end-to-end solutions that enhance data integrity across cloud, on-premises, and hybrid environments. The move highlights Precisely's commitment to innovation, expertise, and comprehensive solutions in the mainframe sector. DTS Software, renowned for its innovation in storage management, counts large enterprises in diverse sectors as its clientele. The acquisition aligns with DTS's mission to advance enterprise data management solutions. The global demand for mainframes is on the rise, as reported by Forrester. With DTS's expertise, Precisely aims to offer robust solutions for seamless data management and optimization—critical for businesses relying on mainframes for core operations. Precisely already serves over 12,000 organizations worldwide and leads in integrating complex mainframe data with modern platforms.
Sectors
- Information Technology
- Enterprise Software
Geography
- United States – Precisely is based in Burlington, Massachusetts, and represents a leading entity in the US software industry.
Industry
- Information Technology – The acquisition involves companies providing software solutions focused on data integrity and mainframe optimizations.
- Enterprise Software – Precisely's solutions integrate various software for data management purposes, affecting multiple sectors reliant on enterprise software.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Precisely | Acquirer | Company | A global provider of data integrity solutions, empowering businesses with accurate and integrated data systems. |
DTS Software | Target | Company | A company offering innovative solutions for mainframe storage optimization. |
Josh Rogers | Person of Interest | Person | CEO of Precisely, providing insights into the strategic benefits of the acquisition. |
Mati Szeszkowski | Investor & CEO | Person | Founder & CEO of Norland Capital, an investor in DTS. |