2 Acquisitions in the Data Storage industry

January 16, 2023

Company acquisitions in the Data Storage industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Data Storage industry.

Southern Traffic Services acquired by Rekor Systems Inc

Details about the transaction:

Acquisition amount: $14,500,000

Announcement: 16 May 2022

Details about the company:

Engineering services, data collecting, and traffic monitoring solutions are the areas of expertise of Southern Traffic Services.

Headquarter:

Where to find them: Website

Industry: Data Integration, Data Mining, Data Storage

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ultratec acquired by Restore plc

Details about the transaction:

Acquisition amount: $11,748,781

Announcement: 3 May 2022

Details about the company:

Ultratec is aware of the importance of data. Any business depends on information, therefore keeping that information secure is crucial.

Headquarter:

Where to find them: Website

Industry: Data Storage, Hardware, Information Technology

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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