Tricentis Acquires SeaLights

July 17, 2024

Tricentis, the Austin-based leader in AI-powered continuous testing, has acquired Israeli SaaS quality-intelligence provider SeaLights (deal estimated at around $150 million). The acquisition extends Tricentis' quality intelligence capabilities across the CI/CD pipeline, and SeaLights' team and technology will be integrated into Tricentis' platform; SeaLights co-founder Eran Sher joins Tricentis as EVP and General Manager, Quality Intelligence.

Buyers
Tricentis
Targets
SeaLights
Sellers
SeaLights shareholders (including TLV Partners, Red Dot Capital Partners, Bloomberg Capital)
Industry
Software
Location
Israel
Transaction Type
Buyout

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