Posit Software, PBC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Posit Software, PBC is a privately-held company that develops and provides open-source tools and enterprise-ready professional software solutions for the R community. It offers RStudio, an integrated development environment for R, which includes a console and syntax-highlighting editor that supports direct code execution, as well as tools for plotting, history, debugging, and workspace management. The company's RStudio is available in open source and commercial editions; and runs on various desktops, such as Windows, Mac, and Linux, as well as in a browser connected to RStudio Server or RStudio Server Pro. In addition, it offers Shiny, an open-source R package that provides a web framework for building web applications using R, as well as helps users turn their analysis into interactive web applications without requiring HTML, CSS, or JavaScript knowledge. The company also provides RStudio Server Pro that delivers security, centralized resource management, metrics, and commercial support professional data science to develop R at scale; Shiny Server Pro that secures user access, tunes application performance, and monitors resource utilization, as well as provides direct support to create interactive data experiences for their customers and colleagues; MLflow, an open source multi-cloud framework for the machine learning lifecycle; and hosted Shiny application. It serves clients in science, education, and industry sectors in the United States. Posit Software, PBC was founded in 2009 by Joseph Allaire. Posit Software, PBC headquarters are located in Boston, Massachusetts. Posit Software, PBC was formerly known as RStudio, PBC.
Keywords
Keywords
Classified
Private