Merant acquires Hedron Systems

Stratagem’s work landed a sophisticated analytics solution for our client, Merant, at a bargain price 

Merant, a $125M software company (publicly traded in both the US and UK until being acquired by Serena Software in May 2004), hired us to help define and lead the execution of its corporate development efforts.

We worked with several layers of senior management to develop and gain consensus on a comprehensive partnering plan. We identified that a key technology needed to advance Merant's strategic plan was a powerful analytics framework. After spearheading an exhaustive market search, we led the acquisition of Hedron LLC, a company with groundbreaking analytics capabilities and proven customers. The price paid by Merant was a very small fraction of that paid for the technology only 2 years previously.

"Stratagem contributed greatly to Merant's value re-building process - as trusted advisors to our exec team, as the architects of new corporate development processes, and as a valued partner in our M&A efforts. They exceeded our expectations on every front."

— Stephen King, SVP, Merant