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According to Reuters, Datawatch Corporation (DWCH) approached by buyers

  • January 5, 2018


StockDatawatch CorporationSymbolDWCH
Date Announced01/05/2018Source Reuters
TypeNews Report
Date of Confirmation: 11/05/2018Price at Confirmation: $13.04
Potential Profit: 14.39%Annualized Profit: 17.27%

Datawatch Corp (DWCH), a U.S. data analytics software company, has hired a financial adviser after receiving expressions of interest from potential acquirers, sources familiar with the matter said on Thursday.


November 05, 2018: Altair (ALTR) and Datawatch Corporation (DWCH) today announced the signing of a definitive merger agreement under which Altair has agreed to acquire Datawatch. Under the terms of the agreement, Altair will pay $13.10 per share in cash, representing a fully diluted equity value of approximately $176 million. The transaction was unanimously approved by the Boards of Directors of both companies.

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