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  5. Airlinq Acquires Teramatrix Technologies

M&A Deal Summary

Airlinq Acquires Teramatrix Technologies

On June 21, 2017, Airlinq acquired software company Teramatrix Technologies

Acquisition Highlights
  • This is Airlinq’s 1st transaction in the Software sector.
  • This is Airlinq’s 1st transaction in India.

M&A Deal Summary
Date 2017-06-21
Target Teramatrix Technologies
Sector Software
Buyer(s) Airlinq
Deal Type Add-on Acquisition

Target

Teramatrix Technologies

Gurgaon, India
Teramatrix Technologies Ltd. is a developer of software platform to analyze complex events emanating from sensors, devices, data-streams and users and enable applications for seamless management, integration and correlation.

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Buyer(S) 1

Buyer

Airlinq

Oakland, California, United States
Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Airlinq is a global connectivity services and IoT platform that is pioneering a new model for a connected world. By building a unique, virtual, collaborative ecosystem of network operators Globetouch supports the mobile consumer and all business verticals across the entire spectrum of connectivity including, mobile operators, M2M service providers, MVNOs, OTT providers, connected devices OEMs, device distributors and enterprises. Airlinq was founded in 2014 and is based in Oakland, California.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 1
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