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Alignent Has a Buyer in Sopheon

Minneapolis-based Sopheon announced on June 11 that it has signed a definitive agreement to acquire Alignent Software Inc. of Carlsbad for $5.5 million.

Alignent , which makes strategic innovation planning software, primarily for defense contractors , reported revenues of $3 million and a net loss of $4.3 million for 2006.

The cash transaction is comprised of $4.75 million at closing and up to $750,000 in potential earn-out payments. It is expected to close by June 18.

, Andy Killion

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