M&A Deal Summary

Nautilus Acquires VAY

On September 2, 2021, Nautilus acquired software company VAY

Acquisition Highlights
  • This is Nautilus’ 1st transaction in the Software sector.
  • This is Nautilus’ 1st transaction in Switzerland.

M&A Deal Summary
Date 2021-09-02
Target VAY
Sector Software
Buyer(s) Nautilus
Deal Type Add-on Acquisition

Target

VAY

Zurich, Switzerland
website
VAY is specializes in computer vision and AI technology solutions and has developed reliable and precise software solutions for human motion analysis using any normal (RGB) camera from a device, such as a laptop, smartphone, or tablet. VAY is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Nautilus

Vancouver, Washington, United States

website

Category Company
Founded 1986
Sector Consumer Products
Employees410
Revenue 553M USD (2020)
DESCRIPTION

Nautilus is a global fitness products company providing innovative, quality solutions to help people achieve a healthy lifestyle. With a brand portfolio including Nautilus®, Bowflex®, TreadClimber®, Schwinn®, Schwinn Fitness™ and Universal®. Nautilus was founded in 1986 and is based in Vancouver, Washington.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Switzerland) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 Octane Fitness

Brooklyn Park, Minnesota, United States

Octane Fitness LLC is an international fitness products company focused on reinventing zero-impact cardiovascular exercise.

Buy $115M
Mergr

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