Company acquisitions in the Location Based Services 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 Location Based Services industry.
NetFortris acquired by Sangoma Technologies
Details about the transaction:
Acquisition amount: $80,000,000
Announcement: 29 March 2022
Details about the company:
Secure cloud-based UCaaS and managed network solutions are offered by NetFortris.
Headquarter:
Where to find them: Website
Industry: Electronics, Information Technology, Internet, Location Based Services, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Volta Data Centres acquired by Digital 9 Infrastructure
Details about the transaction:
Acquisition amount: $59,035,595
Announcement: 13 April 2022
Details about the company:
High-density, low-latency data center in the heart of London, close to Silicon Roundabout
Headquarter:
Where to find them: Website
Industry: Data Center, Location Based Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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