Dorda Advises Idera on Acquisition of Ranorex

Dorda Advises Idera on Acquisition of Ranorex

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Dorda has served as Austrian counsel to US-based Idera, Inc., the parent company of global B2B software productivity brands, on its acquisition of Austria's Ranorex GmbH, a software development company focusing on test automation software. Ranorex will become part of Idera, Inc.’s Test Management Tools business, thus expanding a division which has world-wide customers. The United States' Horzepa Spiegel & Associates PC law firm was global counsel to Idera, and Pinsent Masons acted as German counsel. Ranorex was advised by Rautner Attorneys. The purchase price was not disclosed.

“Software companies are expanding worldwide," commented Dorda Partner Christian Ritschka, who led his firm's team on the deal. "Idera, Inc.’s latest acquisition will contribute to the company’s world-wide customer base and innovative technologies. The parties' strong commitment to the deal was a key element for the successful completion of this transaction.”

The Dorda team led by Ritschka included Partner Axel Anderl, Thomas Angermair, Heinrich Kuhnert, Of Counsel Martina Znidaric, Attorneys Nino Tlapak, Bernhard Heinzl, Christoph Hilkesberger, Magdalena Brandstetter, and Philipp Bohler Grimm, and Associates Lukas Schmidt, Alexandra Ciarnau, Gunther Posch, and Florina Thenmayer.

The Rautner team advising Ranorex was advised by Partner Uwe Rautner, supported by Associate Andreas Lengger.