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  6. Adapdix Acquires Edge Intelligence

M&A Deal Summary

Adapdix Acquires Edge Intelligence

On August 16, 2021, Adapdix acquired software company Edge Intelligence

Acquisition Highlights
  • This is Adapdix’s 1st transaction in the Software sector.
  • This is Adapdix’s 1st transaction in the United States.
  • This is Adapdix’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-08-16
Target Edge Intelligence
Sector Software
Buyer(s) Adapdix
Deal Type Add-on Acquisition

Target

Edge Intelligence

Boston, Massachusetts, United States
Edge Intelligence has developed distributed analytics platform built for both edge computing and hybrid cloud environments. Communication providers, enterprises and government entities can efficiently store, analyze and process all types of data across geographies without physically moving it. The company directly overcomes the challenges that must be addressed to instantly realize actionable insight from big data. Customers gain near real-time intelligence from data whether it is seconds or years old which is critical to success with their digital transformation efforts. Edge Intelligence was formed in 2010 and is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

Adapdix

Pleasanton, California, United States
Category Company
Founded 2015
Sector Software
DESCRIPTION

Adapdix provides an innovative software platform for enterprises that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge. The company’s customer-centric EdgeOps platform increases uptime of equipment, reduces supply chain and logistics costs, and increases remote worker productivity. Adapdix was founded in 2015 and is headquartered in Pleasanton, California.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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