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Outsystems Acquires Ionic To Unite The Power Of Open Source Mobile Development With High-Performance Low-Code

PRIVATENov 07, 2022

Acquiring Company

OutSystems

Acquired Company

Ionic

BostonInformation TechnologySoftwareSaaSEnterprise Softwareinformation technology & services

Description

OutSystems, a global leader in high-performance application development, today announced it has acquired Ionic, one of the most widely used platforms for building mobile and desktop applications using web technology. Together, OutSystems and Ionic will help IT leaders transform the way they build, deliver, and continuously update business-critical applications with a focus on quality, performance, security, and scale.

Company Information

Company

OutSystems

Location

44 Farnsworth St

Boston, Massachusetts, United States

About

OutSystems is the leading AI-powered low-code development platform trusted by thousands of customers worldwide. The platform empowers CEOs, management teams, and technology leaders to build mission-critical applications and agentic systems that grow revenue, streamline operations, and deliver exactly what businesses need.

Fundz sees it the moment OutSystems makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Ionic?

Ionic was acquired by OutSystems, based in Boston. The deal was reported on November 7, 2022. OutSystems is the leading AI-powered low-code development platform trusted by thousands of customers worldwide. OutSystems is privately held and operates in Information Technology.

When did OutSystems acquire Ionic?

OutSystems's acquisition of Ionic was reported on November 7, 2022. OutSystems, a global leader in high-performance application development, today announced it has acquired Ionic, one of the most widely used platforms for building mobile and desktop applications using web technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ionic do?

Build, secure, and deliver amazing cross-platform mobile, web, and desktop apps all with one shared code base and open-web standards. The only enterprise-grade app platform fully powered by open source. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.