M&A Deal Summary

Maxar Acquires Wovenware

On November 3, 2022, Maxar acquired software company Wovenware

Acquisition Highlights
  • This is Maxar’s 2nd transaction in the Software sector.
  • This is Maxar’s 1st transaction in Puerto Rico.

M&A Deal Summary
Date 2022-11-03
Target Wovenware
Sector Software
Buyer(s) Maxar
Deal Type Add-on Acquisition

Target

Wovenware

San Juan, Puerto Rico
website
Wovenware is a design-driven software firm that delivers custom and patented AI, computer vision, and other digital transformation solutions and services that create measurable value for customers. Through its nearshore capabilities, the company has become the partner of choice for organizations needing to re-engineer their systems and processes to increase profitability, boost user experience, and seize new market opportunities. It leverages a multidisciplinary team of world-class experience designers, software engineers, data scientists, and data specialists to create solutions for cloud transformation, advanced AI innovation, and application modernization. Wovenware is headquartered in San Juan, Puerto Rico.

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Buyer(S) 1

Buyer

Maxar

Westminster, Colorado, United States

website

Category Company
Founded 1957
Sector Information Services
Employees4,400
Revenue 1.8B USD (2021)
DESCRIPTION

Maxar is a global communications and information company providing operational solutions to commercial and government organizations worldwide. Maxar business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development. Maxar was founded in 1969 and is based in Westminster, Colorado.

DEAL STATS #
Overall 6 of 6
Sector (Software) 2 of 2
Type (Add-on Acquisition) 5 of 5
Country (Puerto Rico) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-23 Vricon

McLean, Virginia, United States

Vricon, Inc. is a provider of satellite-derived 3D data for defense and intelligence markets, with software and products that enhance 3D mapping, Earth intelligence data, military simulation and training, and precision-guided munitions. Vricon is based in McLean, Virginia.

Buy $140M
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