Company profile: Lotus Development
1.1 - Company Overview
Company description
- Provider of software centered on the Lotus 1-2-3 spreadsheet application, noted as the first feature-heavy, user friendly, reliable, WYSIWYG-enabled product to become widely available; headquartered in Westford, Massachusetts, and formerly Lotus Development Corporation before its acquisition by IBM.
Products and services
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Key contacts
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Financial details
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1.2 - Competitors and similar companies to Lotus Development
Slack
HQ: United States
Website
- Description: Provider of a cloud-based communication and collaboration platform for teams and businesses, enabling messaging, file sharing, and organized conversations via channels and direct messages. Offers Slack Connect for external collaboration, apps and integrations, Workflow Builder for automation, Huddles for quick audio chats, and Clips for video, audio, and screen recordings.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Mersive Technologies
HQ: United States
Website
- Description: Provider of wireless media streaming and collaboration software for corporate, education, and government markets, offering the Solstice platform for wireless content sharing, including Solstice for Education, Solstice Element for wireless sharing and digital signage, Solstice Pod appliance, Solstice Cloud for deployment, analytics and remote management, and Solstice Subscription for ongoing updates.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Quantive
HQ: United States
Website
- Description: Provider of a strategy execution platform based on the OKR management methodology that embeds strategic context, priorities, and progress into day-to-day operations to help organizations excel at execution; serving over 2,000 global customers across enterprises, not-for-profits, startups, and governments.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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IdeaPlane
HQ: United Kingdom
Website
- Description: Provider of enterprise social networks for financial institutions and other large corporations, offering IP Kinetic, an ESN delivering the first compliant social network for financial sector companies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full IdeaPlane company profile →
ProcedureFlow
HQ: Canada
Website
- Description: Provider of subscription-based SaaS that transforms text-based procedures into visual, hyperlinked flowcharts, centralizing organizational processes for easy access and navigation. Enables collaboration and updates, provides process adoption and performance insights, integrates via API with existing systems, and offers Agent Assist with real-time knowledge suggestions integrated with telephony providers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full ProcedureFlow company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Lotus Development
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Lotus Development
2.2 - Growth funds investing in similar companies to Lotus Development
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4 - Top valuation comps for Lotus Development
4.2 - Public trading comparable groups for Lotus Development
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