Divestiture • Technology Hardware

Sandpiper Assets AG Acquires Multicard AG

On December 19, 2013, Sandpiper Assets AG acquired technology hardware company Multicard AG from Identiv

Acquisition Context
  • This is Sandpiper Assets AG’s 1st transaction in the Technology Hardware sector.
  • This is Sandpiper Assets AG’s 1st transaction in Switzerland.

Explore All 320 Divestiture Technology Hardware Deals - Search the Database Free


M&A Deal Summary

Date December 19, 2013
Target Multicard AG
Sector Technology Hardware
Buyer(s) Sandpiper Assets AG
Sellers(s) Identiv
Deal Type Divestiture

Target Company

Multicard AG

Wallisellen, Switzerland
Multicard AG is a digital smart card provider.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Sandpiper Assets AG

Road Town, British Virgin Islands, British Indian Ocean Territory

Category Company
Sector Financial Services
DESCRIPTION

Sandpiper Assets AG is an international holding company with a focus on the development of technology companies.


Deal Context for Buyer #
Overall 2 of 2
Sector: Technology Hardware 1 of 1
Type: Divestiture 2 of 2
Country: Switzerland 1 of 1
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Payment Solution AG

Ismaning, Germany

Payment Solution AG is a provider of integrated payment solutions for stadiums, arenas, theme parks and other venues for leisure and entertainment.

Buy -

Seller Profile 1

SELLER

Identiv

Fremont, California, United States

Category Company
Founded 1990
Sector Technology Hardware
Employees166
Revenue 27M USD (2024)
DESCRIPTION

Identiv is a provider of Secure ID IT company. The company's products includes PC-linked, desktop smart card readers and terminals include multiple form factors and interface options to suit a range of applications and customer needs. Identiv was founded in 1990 and is based in Fremont, California.


Deal Context for Seller #
Overall 2 of 2
Sector: Technology Hardware 1 of 1
Type: Divestiture 1 of 1
Country: Switzerland 1 of 1
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 Payment Solution AG

Ismaning, Germany

Payment Solution AG is a provider of integrated payment solutions for stadiums, arenas, theme parks and other venues for leisure and entertainment.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-06 3VR Security

San Francisco, California, United States

3VR Security, Inc. is a provider of video intelligence solutions.. It is a single platform for real-time security and customer insights, enabling organizations to protect employees, customers and assets as well as improve store operations and shopping experience. 3VR Security was founded in 2002 and is based in San Francisco, California.

Buy -