Like Arynga

closed 4/6/2016 via Company Press Release

Wind River Systems, acquired Arynga

synopsis: Wind River announced it has added the Arynga software product line to its automotive portfolio. Arynga provides over-the-air (OTA) update software for automotive solutions, including both software-over-the-air (SOTA) and firmware-over-the-air (FOTA) update technologies. Arynga’s software and development team are now part of Wind River.
buyer parent: Intel Corporation
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Arynga
Arynga, Inc. operates as a software solutions and services company. The company focuses on delivering wireless solutions for transportation, energy, oil and gas, and consumer electronics companies. It offers CarSync, a software/firmware update module for automotive companies.
price ($mm)
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closed 7/24/2018 via Company Press Release

VNC Automotive Limited, acquired VNC Automotive Limited

synopsis: VNC Automotive's management has acquired VNC Automotive from RealVNC, a provider of remote access software. VNC Automotive provides car connectivity software solutions for in-car infotainment and telematics applications. Their VNC Telematics solution connects vehicles and the cloud, enabling telemetry data streaming, firmware updates, and more.
buyer: VNC Automotive Limited
VNC Automotive provides advanced car connectivity software solutions for in-car infotainment and telematics applications. Their VNC Telematics solution securely and reliably connects vehicles and the cloud, enabling telemetry data streaming, firmware updates, real-time traffic information, and more."
target parent: RealVNC Limited
target: VNC Automotive Limited
VNC Automotive provides advanced car connectivity software solutions for in-car infotainment and telematics applications. Their VNC Telematics solution securely and reliably connects vehicles and the cloud, enabling telemetry data streaming, firmware updates, real-time traffic information, and more.
price ($mm)
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announced 11/29/2017 via Company Press Release

HERE, will acquire ATS Advanced Telematic Systems GmbH

synopsis: HERE Technologies announced plans to acquire ATS Advanced Telematic Systems, a Germany-based software company developing highly secure over-the-air (OTA) software updating technology for the automotive industry. ATS solutions seamlessly integrate into existing automotive back-ends and vehicle infrastructures.
buyer: HERE
HERE, the Open Location Platform company, enables people, enterprises and cities to harness the power of location. By making sense of the world through the lens of location they empower their customers to achieve better outcomes. "
target: ATS Advanced Telematic Systems GmbH
ATS Advanced Telematic Systems is a German software company specializing in open standards-based software products for the automotive industry, with a special focus on software over-the-air updates. Their solutions seamlessly integrate into existing automotive back-ends and vehicle infrastructures.
price ($mm)
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closed 5/9/2019 via BNC Analysis

Porsche Automobil Holding SE, acquired CETITEC GmbH

synopsis: Porsche, a German sports car manufacturer, has acquired a majority stake in CETITEC, an independent German software development company. CETITEC offers firmware based products such as application frameworks, and gateways between the leading automotive networks.
buyer: Porsche Automobil Holding SE (DB:PAH3:$115.69)
Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries. "
target: CETITEC GmbH
CETITEC is an independent German software development company. CETITEC offers firmware based products such as application frameworks, and gateways between the leading automotive networks. Their area of work covers all phases of software development for embedded and PC based applications.
price ($mm)
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closed 3/11/2016 via BusinessWire

Harman International Industries Inc, acquired TowerSec

synopsis: HARMAN, the premier connected technologies company for automotive, consumer and enterprise markets, announced the successful completion of its acquisition of TowerSec. TowerSec is a global automotive cyber security company specializing in network protection for connected vehicles.
buyer: Harman International Industries Inc (HAR:$6,545.87)
HARMAN designs and engineers connected products and solutions for automakers, consumers and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions and connected services. "
target: TowerSec
TowerSec, a global automotive cyber security supplier, delivers on-board cyber security technology to OEMs, suppliers and the aftermarket that will stop cyber threats now and in the future.
price ($mm)
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closed 4/6/2016 via Company Press Release

Wind River Systems, acquired Arynga

synopsis: Wind River announced it has added the Arynga software product line to its automotive portfolio. Arynga provides over-the-air (OTA) update software for automotive solutions, including both software-over-the-air (SOTA) and firmware-over-the-air (FOTA) update technologies. Arynga’s software and development team are now part of Wind River.
buyer parent: Intel Corporation
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Arynga
Arynga, Inc. operates as a software solutions and services company. The company focuses on delivering wireless solutions for transportation, energy, oil and gas, and consumer electronics companies. It offers CarSync, a software/firmware update module for automotive companies.
price ($mm)
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EV / rev
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announced 1/12/2022 via PR Newswire

Aptiv PLC, will acquire Wind River

synopsis: Aptiv PLC, a global technology company focused on making mobility safer, greener and more connected, will acquire Wind River, a global leader in delivering software for the intelligent edge. Wind River's software enables the secure development, deployment, operations and servicing of mission-critical intelligent systems.
buyer: Aptiv PLC (DLPH:$15,696.00)
Aptiv is a global technology company that develops safer, greener and more connected solutions. With more than 180,000 employees, Aptiv is solving the industry's toughest challenges with scalable, intelligent platforms that accelerate the transition to software-defined, electric vehicles. "
target parent: TPG Capital
target: Wind River
Wind River is a global leader in delivering software for mission-critical intelligent systems. For four decades, the company has been an innovator and pioneer, powering billions of devices and systems that require the highest levels of security, safety and reliability.
price ($mm)
$4,300
rev ($mm)
$400
EBITDA ($mm)
EV / rev
10.8x
EV / EBITDA
closed 6/26/2018 via BusinessWire

TPG Capital, acquired Wind River

synopsis: TPG Capital, the global private equity platform of alternative asset firm TPG, announced that it has completed its acquisition of Wind River®, a leader in delivering software for the Internet of Things (IoT).
buyer: TPG Capital
TPG is a leading global alternative asset firm with more than $79 billion of assets under management. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. "
target parent: Intel Corporation
target: Wind River
Wind River is a world leader in delivering software for the Internet of Things. The company has been pioneering computing inside embedded devices since 1981, and its technology is found in more than 2 billion products.
price ($mm)
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closed 4/6/2016 via Company Press Release

Wind River Systems, acquired Arynga

synopsis: Wind River announced it has added the Arynga software product line to its automotive portfolio. Arynga provides over-the-air (OTA) update software for automotive solutions, including both software-over-the-air (SOTA) and firmware-over-the-air (FOTA) update technologies. Arynga’s software and development team are now part of Wind River.
buyer parent: Intel Corporation
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Arynga
Arynga, Inc. operates as a software solutions and services company. The company focuses on delivering wireless solutions for transportation, energy, oil and gas, and consumer electronics companies. It offers CarSync, a software/firmware update module for automotive companies.
price ($mm)
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closed 2/5/2010 via BusinessWire

Wind River Systems, acquired Virtutech, Inc.

synopsis: Wind River, a wholly owned subsidiary of Intel Corporation, announced it will add the Virtutech product line to its embedded software product portfolio after the completion of Intel Corporation’s acquisition of Virtutech. Virtutech, Inc. is the leader in product development process improvement through virtualized systems development (VSD).
buyer parent: Intel Corporation
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Virtutech, Inc.
Virtutech, Inc. is the leader in product development process improvement through virtualized systems development (VSD).
price ($mm)
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closed 7/17/2009 via BusinessWire

Intel Corporation, acquired Wind River Systems

synopsis: Intel Corporation has announced the successful completion of its acquisition of Wind River Systems Inc. Wind River is a leading software vendor in embedded devices, and is part of Intel’s strategy to grow its processor and software presence outside the traditional PC and server market segments into embedded systems and mobile handheld devices.
buyer: Intel Corporation (INTC:$79,024.00)
Intel the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. "
target: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions.
price ($mm)[EV]
$884 [$793]
rev ($mm)
$354
EBITDA ($mm)
$38
EV / rev
2.2x
EV / EBITDA
20.8x
announced 2/23/2009 via BusinessWire

Wind River Systems, will acquire Tilcon Software Limited

synopsis: Wind River announced that it has signed an agreement to acquire privately-held Tilcon Software Limited, a leading provider of software for creating and deploying graphical user interfaces in embedded devices. Founded in 1987 and located in Ottawa, Canada, Tilcon currently has 18 employees and is exclusively focused on embedded graphics solutions.
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Tilcon Software Limited
Tilcon Software is a leading provider of graphical user interface software tools for embedded systems. Tilcon’s rich feature set, support for multiple platforms and extensive experience with real-time and embedded projects has resulted in and effective user interface solution used worldwide.
price ($mm)
$3.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/16/2008 via BusinessWire

Wind River Systems, acquired MIZI Research, Inc.

synopsis: Wind River, the global leader in Device Software Optimization, announced that it has completed the previously announced acquisition of MIZI Research, Inc. MIZI, based in Seoul, Korea, focuses on the development of mobile application platforms based on embedded Linux.
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: MIZI Research, Inc.
MIZI Research, Inc. is an independent software company that specializes in the development of embedded Linux-based mobile application platforms. The solutions from MIZI can be used to power various devices such as mobile phones, automotive telematics and videophones.
price ($mm)
$14
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/30/2007 via BusinessWire

Wind River Systems, acquired Comsys S.R.L.

synopsis: Wind River Systems, Inc, the global leader in Device Software Optimization, today announced that it has acquired privately-held S.C. Comsys S.R.L., an embedded software professional services organization based in Romania. Wind River will pay up to US$1.4 million to acquire all outstanding shares of Comsys.
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Comsys S.R.L.
Founded in 2000, Comsys currently has 52 employees and a unique depth of knowledge and expertise in device software services.
price ($mm)
$1.40
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/20/2007 via BusinessWire

Wind River Systems, purchased RTLinux from Finite State Machine Labs, Inc

synopsis: Wind River Systems, Inc., the global leader in Device Software Optimization has acquired the intellectual property including patents, copyrights, trademarks and associated product rights for RTLinux, the software industry’s only commercially-available, patented, hard real-time Linux technology developed by Finite State Machine Labs, Inc.
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
seller: Finite State Machine Labs, Inc
FSMLabs (Finite State Machine Labs), Inc. is a privately held, core software technology company. FSMLabs created the RTLinux and RTCore hard-real-time operating systems and we are primarily a research and development and software support company.
price ($mm)
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closed 3/20/2006 via PR Newswire

Wind River Systems, acquired Interpeak AB

synopsis: Wind River Systems, Inc. WIND, the global leader in Device Software Optimization (DSO), today announced that is has acquired privately-held Interpeak AB of Stockholm, Sweden. Under the terms of the agreement, Wind River paid approximately $20 million in cash and restricted stock for Interpeak.
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
target: Interpeak AB
Interpeak's networking, security and mobility products help developers add functionality and improve devices and equipment across a wide range of embedded markets.
price ($mm)
$20
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/24/2005 via Company Press Release

Wind River Systems, purchased ScopeTools from Real-Time Innovations, Inc.

synopsis: Wind River Systems, Inc., the global leader in Device Software Optimization (DSO), announced it has acquired the ScopeTools business unit of its long-standing partner, Real-Time Innovations, Inc. (RTI).
buyer: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions. "
seller: Real-Time Innovations, Inc.
Real-Time Innovations, Inc. leads the real-time information networking industry with the most resilient and high performance software solutions. Its products and consulting services provide the infrastructure for national railways, air traffic control, traffic monitoring, mission-critical combat sys
price ($mm)
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announced 12/7/2022 via BusinessWire

Aeris Communications, will purchase IoT Business from Ericsson AB

synopsis: Aeris Communications, a leading Internet of Things (IoT) solutions provider, and Ericsson have signed an agreement for the transfer of Ericsson’s IoT Accelerator and Connected Vehicle Cloud businesses.
buyer: Aeris Communications
Founded in 1996, Aeris is a global IoT solutions provider with a proven history of helping companies unlock the value of IoT. "
seller: Ericsson AB (OM:ERIC B:$256,898.00)
Ericsson IoT Accelerator enables enterprises to easily deploy, manage and scale their global IoT business from a unified IoT platform. Ericsson's Connected Vehicle Cloud caters to the global automotive industry's need for scalability, security and flexibility when connecting products and services.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
announced 1/12/2022 via PR Newswire

Aptiv PLC, will acquire Wind River

synopsis: Aptiv PLC, a global technology company focused on making mobility safer, greener and more connected, will acquire Wind River, a global leader in delivering software for the intelligent edge. Wind River's software enables the secure development, deployment, operations and servicing of mission-critical intelligent systems.
buyer: Aptiv PLC (DLPH:$15,696.00)
Aptiv is a global technology company that develops safer, greener and more connected solutions. With more than 180,000 employees, Aptiv is solving the industry's toughest challenges with scalable, intelligent platforms that accelerate the transition to software-defined, electric vehicles. "
target parent: TPG Capital
target: Wind River
Wind River is a global leader in delivering software for mission-critical intelligent systems. For four decades, the company has been an innovator and pioneer, powering billions of devices and systems that require the highest levels of security, safety and reliability.
price ($mm)
$4,300
rev ($mm)
$400
EBITDA ($mm)
EV / rev
10.8x
EV / EBITDA
closed 5/22/2019 via Company Press Release

Spiridon Technologies Ltd., acquired Tantiv4 Inc.

synopsis: Toronto-based Spiridon Technologies Ltd., a privately-held consolidator of Internet of Things and related technology providers, announced it has acquired Tantiv4 Inc. Tantiv4 helps build software solutions, including voice enablement, for Consumer Electronics Brands and Industrial Smart Device original equipment manufacturers.
buyer: Spiridon Technologies Ltd.
Based in Toronto, Ontario, Spiridon Technologies is a privately-held consolidator of Internet of Things and related technology providers. The Founders of Spiridon have over 50 years of experience consolidating technology companies in North America, Europe, and Asia. "
target: Tantiv4 Inc.
Tantiv4 Inc., headquartered in Milpitas, CA, is powering the next generation Internet of Things Voice Enabled Cloud and Edge platforms. Tantiv4 helps build software solutions, including voice enablement, for Consumer Electronics Brands and Industrial Smart Device original equipment manufacturers.
price ($mm)
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announced 4/3/2019 via BNC Analysis

Lear Corporation, will acquire Xevo

synopsis: Lear Corporation announced its acquisition of Xevo Inc., an automotive software supplier crafting solutions for cars, clouds and mobile devices. Xevo is the global leader in connected car software and smart user experiences.
buyer: Lear Corporation (NYSE:LEA:$21,148.50)
Lear is one of the world's leading suppliers of automotive seating systems and electrical systems (E-Systems). Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates. "
target: Xevo
Xevo is the global leader in connected car software and smart user experiences. Their powerful AI software solutions use analytics and data insights to provide an AI-enhanced driving experience for consumers, and monetization opportunities for automakers, merchant partners, and service providers.
price ($mm)
$320
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/19/2018 via BNC Analysis

Trak Global Group, acquired Intelligent Mechatronic Systems Inc.

synopsis: Trak Global Group, one of the world's largest telematics companies, has acquired Intelligent Mechatronic Systems Inc. (IMS), a leader in connected car technology. IMS' cloud-based DriveSync connected car platform leverages current, and future, devices, infrastructure and data with advanced analytics to provide intelligent services to drivers.
buyer: Trak Global Group
Trak Global Group is one of the world's largest telematics companies, gathering and interpreting data from connected devices to help organizations manage driver and vehicle risk. The business has partnerships with global insurers, leading motor manufacturers, corporate fleets and rental companies. "
target: Intelligent Mechatronic Systems Inc.
Intelligent Mechatronic Systems Inc. (IMS) is a leader in connected car technology. Their cloud-based DriveSync connected car platform leverages current, and future, devices, infrastructure and data with advanced analytics to provide intelligent services to drivers.
price ($mm)
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closed 6/26/2018 via BusinessWire

TPG Capital, acquired Wind River

synopsis: TPG Capital, the global private equity platform of alternative asset firm TPG, announced that it has completed its acquisition of Wind River®, a leader in delivering software for the Internet of Things (IoT).
buyer: TPG Capital
TPG is a leading global alternative asset firm with more than $79 billion of assets under management. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. "
target parent: Intel Corporation
target: Wind River
Wind River is a world leader in delivering software for the Internet of Things. The company has been pioneering computing inside embedded devices since 1981, and its technology is found in more than 2 billion products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 7/26/2017 via BusinessWire

Prodea Systems, Inc, acquired Arrayent

synopsis: Prodea Systems, Inc. announced that it has acquired Arrayent Inc., forming the world’s first IoT services platform. With 70+ consumer products connected and managed across 82 countries and five continents, Silicon Valley-based Arrayent is the leading IoT platform chosen by global manufacturers of trusted mass-market brands.
buyer: Prodea Systems, Inc
Prodea Systems, Inc., a privately held company founded in 2006, is the leading provider of carrier-grade IoT services being deployed by government agencies, healthcare providers, telcos and utilities in eight countries across four continents. "
target: Arrayent
Since 2005, Arrayent is the leading IoT platform having helped leading consumer brands and other manufacturers in the appliance, electrics, security, HVAC/water, and lighting markets to launch over 70+ products into 82 countries across five continents.
price ($mm)
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announced 9/28/2016 via BNC Analysis

Xingmin, will acquire Yes Way

synopsis: Xingmin declared plans to acquire a majority stake in Yes Way, a provider of Internet of cars solutions, holding independent intellectual properties like patents and software copyrights.
buyer: Xingmin (SZSE:002355:$167.50)
Xingmin Intelligent Transportation Systems (Group) Co., Ltd. manufactures automobile wheel assemblies. The Company designs, produces, and sells tubeless, industrial and farming machine, and other steel wheels around the world. "
target: Yes Way
Yes Way is a provider of Internet of cars solutions, holding independent intellectual properties like patents and software copyrights, building smart driving system based on platform, data and applications, serving international brands such as Toyota, Honda, Benz, Ford and Hyundai.
price ($mm)
$37*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/11/2016 via BNC Analysis

Kathrein RFID, acquired noFilis

synopsis: Kathrein Group, a provider of telecommunication and RFID hardware, has acquired automatic identification software company NoFilis. noFilis is an innovative software company focusing on AutoID device management, Tracking & Tracing and IoT.
buyer parent: Kathrein Group
buyer: Kathrein RFID
Kathrein RFID sells ultrahigh-frequency (UHF) readers and reader antennas to the automotive, industrial and logistics sectors, as well as other markets. Kathrein RFID develops and manufactures UHF stationary readers, UHF and bar-code handheld devices, reader modules and reader antennas. "
target: noFilis
noFilis is an innovative software company focusing on AutoID device management, Tracking & Tracing and IoT. The CrossTalk product suite integrates any kind of AutoID and sensor devices into IT applications and IoT platforms.
price ($mm)
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closed 7/17/2009 via BusinessWire

Intel Corporation, acquired Wind River Systems

synopsis: Intel Corporation has announced the successful completion of its acquisition of Wind River Systems Inc. Wind River is a leading software vendor in embedded devices, and is part of Intel’s strategy to grow its processor and software presence outside the traditional PC and server market segments into embedded systems and mobile handheld devices.
buyer: Intel Corporation (INTC:$79,024.00)
Intel the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. "
target: Wind River Systems
Wind River is the global leader in Device Software Optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre-integrated, fully standardized, enterprise-wide development solutions.
price ($mm)[EV]
$884 [$793]
rev ($mm)
$354
EBITDA ($mm)
$38
EV / rev
2.2x
EV / EBITDA
20.8x
closed 4/18/2019 via Company Press Release

Microsoft Corporation, acquired Express Logic, Inc.

synopsis: Microsoft, a leading software corporation, has acquired Express Logic, a developer of real-time operating systems (RTOS) and middleware products for embedded IoT applications. Express Logic's ThreadX RTOS solution is used to power a wide variety of products, including consumer devices, medical electronics, and industrial control equipment.
buyer: Microsoft Corporation (MSFT:$184,903.00)
Microsoft is the leading software corporation that develops, manufactures, licenses, supports, and sells a range of software products and services. They offer Business Software, Design Tools, Developer Tools, Home & Educational Software, Tablets, Search, Advertising, Cloud Computing and more. "
target: Express Logic, Inc.
Express Logic is a developer of real-time operating systems (RTOS) and middleware products for embedded IoT applications. Express Logic's ThreadX RTOS solution is used to power a wide variety of products, including consumer devices, medical electronics, and industrial control equipment.
price ($mm)
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announced 2/17/2015 via BNC Analysis

Bosch Software Innovations GmbH, will acquire ProSyst Software GmbH

synopsis: Bosch Software Innovations GmbH intends to acquire the company ProSyst, a software vendor, offering the middleware for the Internet of Things. The company is entirely focused on open standards technology and open and neutral software platforms for service providers and device manufacturers to deploy apps and services.
buyer parent: Robert Bosch GMBH
buyer: Bosch Software Innovations GmbH
The Bosch Software Innovations subsidiary is a provider of one-stop solutions in the area of the internet of things. Service activities round out the company’s offerings. Its core product is the Bosch IoT Suite. "
target: ProSyst Software GmbH
ProSyst is a software vendor, offering the middleware for the Internet of Things. The company is entirely focused on open standards technology and open and neutral software platforms for service providers and device manufacturers to deploy apps and services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/3/2022 via PR Newswire

Nexar, will acquire Veniam

synopsis: Nexar, a leading AI mobility company, will acquire Portugal-based Veniam, the leading provider of intelligent networking for the internet of moving things. With this acquisition, Nexar will combine vision data - captured and processed from billions of miles of driving - with Veniam's communications technology at the edge.
buyer: Nexar
Nexar turns cars into vision sensors to understand the world. Its platform powers car vision connected services and apps, at scale, making new vision-based applications for better driving, powered by a crowd-sourced vision feed. "
target: Veniam
Based in Portugal, Veniam offers a software platform that allows devices in cars to connect with each other as well as the Internet. Veniam's technology turns the cars themselves into internet access points for other devices, creating a mesh network capable of sharing data and internet connectivity.
price ($mm)
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closed 11/5/2020 via GlobeNewswire

Qorvo, acquired Sevenhugs

synopsis: Qorvo, a leading provider of innovative Radio Frequency solutions that connect the world, has acquired Sevenhugs, a leading software provider for ultra-wideband (UWB) applications. Sevenhugs builds innovative solutions to advance the touch points between humans and the digital world.
buyer: Qorvo (QRVO:$3,504.59)
Qorvo makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. They combine product and technology leadership, systems-level expertise and global manufacturing scale to quickly solve their customers' most complex technical challenges. "
target: Sevenhugs
Sevenhugs builds innovative solutions to advance the touch points between humans and the digital world. In 2018 they launched Smart Remote, the world’s first consumer product featuring Ultra-Wideband (UWB) and precise indoor positioning.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 1/4/2019 via Company Press Release

QuickLogic Corporation, acquired SensiML Corporation

synopsis: QuickLogic Corporation, a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions, has acquired SensiML Corporation, a software suite that provides developers a practical means for developing IoT sensor algorithms using AI.
buyer: QuickLogic Corporation (QUIK:$12.38)
QuickLogic is a developer of ultra-low power multi-core voice-enabled SoCs, embedded FPGA IP, and Endpoint AI solutions. QuickLogic Corporation enables OEMs to maximize battery life for highly differentiated, immersive user experiences with Smartphone, Wearable and IoT devices. "
target: SensiML Corporation
SensiML is a software suite that provides developers a practical means for developing IoT sensor algorithms using AI. SensiML empowers smart device developers to create and deploy algorithms that are chipset-ready to run locally on low-cost, low-power microcontrollers for IoT and wearable sensors.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/10/2021 via BNC Analysis

Intel Corporation, acquired RemoteMyApp

synopsis: Intel, a world leading technology company, has acquired RemoteMyApp (RMA), a B2B cloud gaming solution in Poland. RMA offers its streaming technology to global enterprises, like telecommunications companies and device manufacturers, allowing them to provide a state-of-the-art, fully-customized cloud gaming platform to their own customers.
buyer: Intel Corporation (INTC:$79,024.00)
Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. By embedding intelligence in the cloud, network, edge, and every kind of computing device, Intel unleashes the potential of data to transform business and society for the better. "
target: RemoteMyApp
RemoteMyApp (RMA) is a B2B cloud gaming solution in Poland. RMA offers its streaming technology to global enterprises, like telecommunications companies and device manufacturers, allowing them to provide a state-of-the-art, fully-customized cloud gaming platform to their own customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/17/2019 via Company Press Release

ACCESS Europe GmbH, acquired NetRange MMH GmbH

synopsis: ACCESS Europe GmbH, Germany's global provider of advanced IT solutions centered around mobile and network software technologies, announced that it has acquired NetRange, Germany’s global provider of Smart TV and OTT ecosystems including OS.CAR, the car infotainment platform.
buyer parent: ACCESS Co., Ltd.
buyer: ACCESS Europe GmbH
Headquartered in Germany, ACCESS Europe is a provider of software solutions for TVs, cars, cloud solutions, smartphones, and networking markets. They are committed to becoming the market leader in home networking solutions, video graphics and user interface engine solutions and OTT platforms. "
target: NetRange MMH GmbH
NetRange is Germany’s global provider of Smart TV and OTT ecosystems including OS.CAR, the car infotainment platform. It operates an integrated, full-service solution which includes UI design, payment, billing and customer management, content aggregation, backend services and app development.
price ($mm)
$6.47
rev ($mm)
$3
EBITDA ($mm)
EV / rev
7.0x
EV / EBITDA
announced 3/25/2019 via BusinessWire

Enghouse Systems Limited, will acquire Espial Group, Inc.

synopsis: Enghouse has agreed to acquire all of the issued and outstanding common shares of Espial, a public software company headquartered in Ottawa, Canada. Espial’s solution portfolio includes client, server and cloud software products along with system integration services to help service providers launch next generation video offerings.
buyer: Enghouse Systems Limited (TSX:ENGH:$356.06)
Enghouse Systems Limited is a Canada-based global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a larger and more diverse enterprise software company through strategic acquisitions and managed growth within its business segments. "
target: Espial Group, Inc. (TSX:ESP:$19.87)
Espial is a public software company, established in 1997 and headquartered in Ottawa, Canada. Espial solutions are used by over 100 video service providers and device manufacturers across US, Canada, Europe & Asia.
price ($mm)[EV]
$42 [$17]
rev ($mm)
$20
EBITDA ($mm)
EV / rev
0.9x
EV / EBITDA
closed 9/4/2013 via Company Press Release

Telit Wireless Solutions, acquired ILS Technology, LLC

synopsis: Telit Wireless Solutions Inc., a fully owned subsidiary of Telit Communications Plc, has entered into an agreement to purchase US-based (Boca Raton, FL) ILS Technology LLC, a leading provider of a ready-to-use, off-the-shelf, cloud platform to connect enterprise IT systems to m2m-connected devices and machines for business-critical use.
buyer: Telit Wireless Solutions (AIM:TCM:$207.39)
Telit is an enabler of machine-to-machine (M2M) communications worldwide providing wireless module technology enhanced by managed and value added services, including connectivity. Telit offers an extensive portfolio of quality cellular, short-range, and GNSS modules, available in over 80 countries. "
target parent: Park-Ohio Holdings Corp.
target: ILS Technology, LLC
ILS Technology, LLC, provides software technology and services that change the way companies share information – within their own operations and their end-to-end supply chain.
price ($mm)
$8.50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/27/2013 via Company Press Release

ARM Ltd., acquired Sensinode Ltd.

synopsis: ARM announced that it has acquired Sensinode Oy, a provider of software technology for the Internet of things (IoT). Sensinode is a technology enabler providing chip and gateway manufacturers, OEMs, solution providers, engineering houses and system integrators with software from the device level to network management.
buyer: ARM Ltd. (ARM:$1,404.42)
ARM designs the technology that lies at the heart of advanced digital products, from wireless, networking and consumer entertainment solutions to imaging, automotive, security and storage devices. ARM's comprehensive product offering includes embedded memories, video engines, etc. "
target: Sensinode Ltd.
Sensinode is a technology enabler providing chip and gateway manufacturers, OEMs, solution providers, engineering houses and system integrators with software from the device level to network management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: LSCC
 
 
 
 
 
 
 
 
Lattice Semiconductor
Lattice Semiconductor
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Thundersoft
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$12.29
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$10.54
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2124
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Buddy Platform Ltd.
Buddy Platform Ltd.
Buddy Platform delivers a highly secure, cloud-based global platform to access, process, shape and manage the raw data generated by hundreds of millions of connected devices, appliances and sensors. The collection of this data is the IoT Data Graph.
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Smart Eye
Smart Eye is a Swedish developer of AI-powered eye-tracking technology. Smart Eye's Driver Monitoring System (DMS) offers eye tracking software for integration in passenger cars and other vehicles to facilitate better safety and other functions that improve the user experience.
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Datadog, Inc.
Datadog, Inc.
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Ticker: NTCT
 
 
 
 
 
 
 
 
NetScout Systems, Inc.
NetScout Systems, Inc.
NetScout Systems is the market leader in Unified Service Delivery Management enabling comprehensive end-to-end network and application assurance. It has delivered breakthrough packet-flow technology that provides trusted and comprehensive real-time network and application performance intelligence.
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DigitalOcean
DigitalOcean
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EBITDA ($mm)
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EBIT ($mm)
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Ticker: TSE:4425
 
 
 
 
 
 
 
 
Kudan
Kudan
Japan-based Kudan is accelerating the evolution of Virtuality (AR/MR/VR)* and Robotics (automobile/drone/robot) by developing industry leading computer software algorithms classified as Artificial Perception.
year
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EBITDA ($mm)
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Arista Networks, Inc.
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Employees
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Ticker: EXTR
 
 
 
 
 
 
 
 
Extreme Networks
Extreme Networks
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$535.26
EBITDA ($mm)
$24.12
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($10.81)
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1378
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Ticker:
 
 
 
 
 
 
 
 
Meru Networks, Inc.
Meru Networks, Inc.
Founded in 2002, Meru Networks provides a virtualized wireless LAN architecture that cost-effectively delivers the performance, reliability, predictability and operational simplicity of a wired network, with the advantages of mobility.
year
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EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
0
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Ticker: OM:IAR B
 
 
 
 
 
 
 
 
IAR Systems Group AB
IAR Systems Group AB
IAR Systems is the world’s leading independent provider of software for programming of processors in embedded systems. IAR Systems’ software is used by companies mainly operating in industrial automation, medical technology, telecommunications, consumer electronics and the automotive industry.
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$41.95
EBITDA ($mm)
$13.44
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163
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Ticker: SWI
 
 
 
 
 
 
 
 
SolarWinds
SolarWinds
SolarWinds provides powerful and affordable IT management software to customers worldwide, from Fortune 500 enterprises to small businesses, managed service providers (MSPs), government agencies, and educational institutions.
year
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EBITDA ($mm)
$167.35
EBIT ($mm)
$70.22
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$104.95
Employees
2155
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Ticker: NYSE:NABL
 
 
 
 
 
 
 
 
N-able Technologies Inc.
N-able Technologies Inc.
N-able is the leading global provider of complete IT management and Automation solutions for Managed Service Providers (MSPs). N-able has a proven track record of helping MSPs standardize and automate the setup and delivery of IT services in order to achieve true scalability.
year
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Ticker: CDRB
 
 
 
 
 
 
 
 
Code Rebel
Code Rebel is an enterprise software company that develops, licenses, and supports software designed for cross-platform enterprise security and productivity.
year
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rev ($mm)
$0.53
EBITDA ($mm)
($2.73)
EBIT ($mm)
($2.74)
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