M&A Deal Summary

SHI International Acquires Locuz

On May 20, 2024, SHI International acquired technology hardware company Locuz

Acquisition Highlights
  • This is SHI International’s 1st transaction in the Technology Hardware sector.
  • This is SHI International’s 1st transaction in India.

M&A Deal Summary

Date 2024-05-20
Target Locuz
Sector Technology Hardware
Buyer(s) SHI International
Deal Type Add-on Acquisition

Target

Locuz

Hyderabad, India
Locuz specializes in digital transformation services with a strong security focus. Locuz's comprehensive offerings include CloudOps, SecOps, HPCOps, AIOps, and Insight as a Service. Locuz was founded in 1999 and is based in Hyderabad, India.

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Buyer(S) 1

Buyer

SHI International

Somerset, New Jersey, United States

Category Company
Founded 1989
Sector Technology Hardware
Employees3,000
DESCRIPTION

SHI International Corp. is a provider of technology products and services.


DEAL STATS #
Overall 5 of 5
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (India) 1 of 1
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-07 Moot

Delaware, United States

Moot provides an orchestration-as-a-service platform that optimizes a customer’s existing tools to rapidly realize increased value in identity and security investments. Moot is based in Delaware.

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