M&A Deal Summary

AgShift Acquires Nirveda Cognition

On August 13, 2021, AgShift acquired information technology company Nirveda Cognition

Acquisition Highlights
  • This is AgShift’s 1st transaction in the Information Technology sector.
  • This is AgShift’s 1st transaction in the United States.
  • This is AgShift’s 1st transaction in California.

M&A Deal Summary

Date 2021-08-13
Target Nirveda Cognition
Sector Information Technology
Buyer(s) AgShift
Deal Type Add-on Acquisition

Target

Nirveda Cognition

Costa Mesa, California, United States
Nirveda Cognition is a B2B Enterprise AI company developing an enterprise document intelligence and analytics platform to enable organizations to make data-driven decisions, faster and smarter. Nirveda Cognition was founded in 2017 and is based in Costa Mesa, California.

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Buyer(S) 1

Buyer

AgShift

Santa Clara, California, United States

Category Company
Sector Software
DESCRIPTION

AgShift is a food technology company working on designing the world's most advanced autonomous food inspection system. AgShift's solution augments manual inspections, thereby reducing the human fatigue of inspectors doing a high volume of inspections daily. AgShift is based in Santa Clara, California.


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