M&A Deal Summary

Google Acquires Raxium

On March 16, 2022, Google acquired technology hardware company Raxium

Acquisition Highlights
  • This is Google’s 12th transaction in the Technology Hardware sector.
  • This is Google’s 174th transaction in the United States.
  • This is Google’s 115th transaction in California.

M&A Deal Summary

Date 2022-03-16
Target Raxium
Sector Technology Hardware
Buyer(s) Google
Deal Type Add-on Acquisition

Target

Raxium

Fremont, California, United States
Raxium develops micro-LED technology for use in mobile applications and devices. The Company is based in Fremont, California.

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Buyer(S) 1

Buyer

Google

Mountain View, California, United States

Category Company
Founded 1998
Sector Internet Software and Services
Employees190,234
Revenue 350.0B USD (2024)
DESCRIPTION
View of Google's corporate campus in Mountain View, California.
View of Google's corporate campus in Mountain View, California.

Google is a global provider of search and advertising services. In addition to its search engine, Google offers online tools and platforms including: Gmail, Google Apps, Google Maps, and YouTube. Google was incorporated in 1998 and is based in Mountain View, California.


DEAL STATS #
Overall 222 of 227
Sector: Technology Hardware M&A 12 of 12
Type: Add-on Acquisition M&A Deals 214 of 218
State: California M&A 115 of 115
Country: United States M&A 174 of 179
Year: 2022 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-08 Mandiant

Milpitas, California, United States

Mandiant offers a virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks. The Mandiant Threat Prevention Platform provides real-time, dynamic threat protection without the use of signatures to protect an organization across the primary threat vectors and across the different stages of an attack life cycle. Mandiant was formerly known as FireEye and was established in 2004.

Buy $5.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 Alter

New York City, New York, United States

Alter is an open-source, cross-platform SDK consisting of a real-time 3D avatar system and motion capture built from scratch for web3 interoperability and the open metaverse. With Alter, developers can easily pipe avatars into their app, game or website. Alter was formed in 2017 and is based in New York City.

Buy $100M