13 Acquisitions in the Internet of Things industry

Company acquisitions in the Internet of Things 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 13 acquisitions that took place in the Internet of Things industry.

Connesi acquired by DHH

Details about the transaction:

Acquisition amount: $5,605,661

Announcement: 28 July 2022

Details about the company:

Customers of Connesi can access the internet through wireless, fiber optic, and xDSL.

Headquarter:

Where to find them: Website

Industry: Internet of Things, Professional Services, Wireless

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

E-Mantech acquired by Yachuang Electronics Group

Details about the transaction:

Acquisition amount: $18,344,979

Announcement: 9 January 2022

Details about the company:

E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.

Headquarter:

Where to find them: Website

Industry: Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Evi acquired by Amazon

Details about the transaction:

Acquisition amount: $26,000,000

Announcement: 17 April 2013

Details about the company:

Technology firm Evi specializes in software for knowledge bases and semantic search engines.

Headquarter:

Where to find them: Website

Industry: Analytics, Artificial Intelligence, Information Technology, Internet of Things, Mobile, Search Engine, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Hypernet Technologies acquired by XL Axiata Tbk

Details about the transaction:

Acquisition amount: $22,334,948

Announcement: 23 March 2022

Details about the company:

For a variety of industries, Hypernet Technologies provides digital communication, expert IT, security, internet, and cloud services.

Headquarter:

Where to find them: Website

Industry: Cloud Computing, Information Technology, Internet of Things, IT Infrastructure, Network Security

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

LEVL Technologies acquired by Comcast

Details about the transaction:

Acquisition amount: $50,000,000

Announcement: 20 June 2022

Details about the company:

A device intelligence and identification platform from LEVL Technologies strikes a balance between user privacy and network visibility.

Headquarter:

Where to find them: Website

Industry: Cyber Security, Internet of Things, Network Security, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

MASS Communications acquired by Windstream

Details about the transaction:

Acquisition amount: $37,500,000

Announcement: 1 January 2018

Details about the company:

A provider of phone, data, and networking services, MASS Communications is a telecommunications firm.

Headquarter:

Where to find them: Website

Industry: Internet, Internet of Things, Telecommunications

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

MobileSoft acquired by Digitouch SpA

Details about the transaction:

Acquisition amount: $3,728,700

Announcement: 15 November 2022

Details about the company:

An IT firm called MobileSoft specializes in providing services for developing mobile apps, IoT, and websites.

Headquarter:

Where to find them: Website

Industry: Information Technology, Internet of Things, Mobile Apps, Web Development

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount: $66,668,992

Announcement: 5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Where to find them: Website

Industry: Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Neul acquired by Huawei Technologies

Details about the transaction:

Acquisition amount: $25,000,000

Announcement: 22 September 2014

Details about the company:

To make it possible to exploit TV white space spectrum, Neul creates wireless network technology.

Headquarter:

Where to find them: Website

Industry: Internet, Internet of Things, TV, Wireless

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Neura acquired by Otonomo

Details about the transaction:

Acquisition amount: $50,000,000

Announcement: 5 October 2021

Details about the company:

generating useful insights from anonymised data and activity signals to enable enterprises to make strategic decisions.

Headquarter:

Where to find them: Website

Industry: Artificial Intelligence, CRM, Internet of Things, Machine Learning, Marketing Automation, Mobile, Mobile Apps, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Saguna acquired by COMSovereign

Details about the transaction:

Acquisition amount: $13,100,000

Announcement: 18 May 2021

Details about the company:

Saguna drives intelligent mobile networks, deeply integrating cloud computing into 4G and 5G networks.

Headquarter:

Where to find them: Website

Industry: Cloud Computing, Internet of Things, Mobile

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Tictrac acquired by Dialogue

Details about the transaction:

Acquisition amount: $56,000,000

Announcement: 13 April 2022

Details about the company:

Tictrac is a linked health platform that uses user data to include users in their health.

Headquarter:

Where to find them: Website

Industry: Data Visualization, Health Care, Internet of Things, Predictive Analytics

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

VerticalNet acquired by BravoSolution

Details about the transaction:

Acquisition amount: $15,200,000

Announcement: 26 October 2007

Details about the company:

Supply management solutions are offered by VerticalNet, which assists businesses in determining ongoing value throughout the supply management process.

Headquarter:

Where to find them: Website

Industry: Advertising, Digital Marketing, E-Commerce, Internet, Internet of Things, Online Portals, Social Media

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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