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DELTEK BUYS INPUT

deltek logoDeltek has acquired database and market information company Input for $60 million in cash.  Deltek had nearly 200 employees and revenue of $26.2 million for 2009 which makes the purchase price more than two times trailing revenue, which isn't bad.   Deltek has been busy this year, having acquired the European project-based software company Maconomy for $72.7 million, which was not as good a multiple as Maconomy had 2009 million revenue of about $41 million. 
I guess that proves information is more valuable than software. The best summation about Input's business is the tag line on its website "The authority on government business." Within the government market, Input has a wide range of services; for example, it produces a Government Investing Advisor website for institutional investors that helps them track spending and which companies are best positioned to capture government business. The online Government Community provides free access to government employees to more than 1.3 million company profiles, more than 480 organizational charts of government agencies and nearly two million federal, state and local contracts. I don't know this end of the business, but that last one looks pretty valuable. Since Deltek had more than $265 million in revenue for 2009, the annualized revenue with the two additions would be around $332 million
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