About This Deal

Microsoft Corporation acquired Clear Software, a transaction announced in October 2021.

Clear Software operates in Power Platform (Power Automate / Power Apps). Clear Software is an integration-platform (iPaaS) and business-process provider with strong connectors for SAP and Oracle systems. Microsoft acquired it to strengthen Power Platform's ability to connect to complex enterprise systems of record.

Use Clear Software's API access and system knowledge to accelerate how customers leverage data and processes residing beyond Microsoft's first-party services.

Deal Terms

Acquirer
Microsoft Corporation
Target
Clear Software
Value
Not disclosed
Date
October 2021
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Segment
Power Platform (Power Automate / Power Apps)
Announced
October 22, 2021

In Their Words

Clear Software's API access and system knowledge will strengthen Microsoft Power Platform's integration with outside systems and accelerate how customers leverage data and processes that reside beyond Microsoft first-party services.Stephen Siciliano, Vice President, Power Automate

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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