M&A Deal Summary

ARKA Group Acquires Maxar - Radar and Sensor Technology

On November 1, 2024, ARKA Group acquired information services company Maxar - Radar and Sensor Technology from Maxar

Acquisition Highlights
  • This is ARKA Group’s 1st transaction in the Information Services sector.
  • This is ARKA Group’s 1st transaction in the United States.
  • This is ARKA Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2024-11-01
Target Maxar - Radar and Sensor Technology
Sector Information Services
Buyer(s) ARKA Group
Sellers(s) Maxar
Deal Type Divestiture

Target

Maxar - Radar and Sensor Technology

Ypsilanti, Michigan, United States
Maxar's Radar and Sensor Technology has a long history of innovation in the radar sensor domain and geospatial analysis. Maxar's Radar and Sensor Technology is based in Ypsilanti, Michigan.

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Buyer(S) 1

Buyer

ARKA Group

Aurora, Colorado, United States
Category Company
Sector Software
DESCRIPTION

ARKA Group developer of remote sensing, communication and cognitive software solutions. ARKA Group is based in Aurora, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Maxar

Westminster, Colorado, United States
Category Company
Founded 1957
Sector Information Services
Employees4,400
Revenue 1.8B USD (2021)
DESCRIPTION

Maxar is a global communications and information company providing operational solutions to commercial and government organizations worldwide. Maxar business is focused on markets and customers with strong repeat business potential, primarily in the Communications sector and the Surveillance and Intelligence sector. In addition, the Company conducts a significant amount of advanced technology development. Maxar was founded in 1969 and is based in Westminster, Colorado.

DEAL STATS #
Overall 5 of 5
Sector (Information Services) 1 of 1
Type (Divestiture) 5 of 5
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-03 Wovenware

San Juan, Puerto Rico

Wovenware is a design-driven software firm that delivers custom and patented AI, computer vision, and other digital transformation solutions and services that create measurable value for customers. Through its nearshore capabilities, the company has become the partner of choice for organizations needing to re-engineer their systems and processes to increase profitability, boost user experience, and seize new market opportunities. It leverages a multidisciplinary team of world-class experience designers, software engineers, data scientists, and data specialists to create solutions for cloud transformation, advanced AI innovation, and application modernization. Wovenware is headquartered in San Juan, Puerto Rico.

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