M&A Deal Summary

Astrata Group Acquires Omnitracs Europe B.V.

On January 13, 2014, Astrata Group acquired technology hardware company Omnitracs Europe B.V. from Qualcomm

Acquisition Highlights
  • This is Astrata Group’s 1st transaction in the Technology Hardware sector.
  • This is Astrata Group’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2014-01-13
Target Omnitracs Europe B.V.
Sector Technology Hardware
Buyer(s) Astrata Group
Sellers(s) Qualcomm
Deal Type Divestiture

Target

Omnitracs Europe B.V.

LA Waalre, Netherlands
Omnitracs Europe provides telematics services to the transport and logistics industry. The Company enables more cost effective fleet management by providing real-time business insights for transport and logistics companies of all sizes.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Astrata Group

Washington, District of Columbia, United States

Category Company
Sector Technology Hardware
DESCRIPTION

Astrata Group Incorporated, together with its subsidiaries, provides location-based information technology (IT) products and services.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

Qualcomm

San Diego, California, United States

Category Company
Founded 1985
Sector Semiconductors
Employees49,000
Revenue 39.0B USD (2024)
DESCRIPTION
Qualcomm's corporate headquarters in San Diego, California.
Qualcomm's corporate headquarters in San Diego, California.

Qualcomm develops and commercializes communication technologies. Qualcomm develops a digital communication technology called CDMA (Code Division Multiple Access) and owns significant intellectual property applicable to products that implement any version of CDMA. Qualcomm develops OFDMA (Orthogonal Frequency Division Multiple Access) technology for which the Company owns intellectual property. Qualcomm also develops and commercializes technologies used in handsets and tablets. In addition to licensing portions of its intellectual property portfolio, Qualcomm produces integrated circuits (also known as chips or chipsets) and system software used in mobile devices and in wireless networks. Qualcomm was formed in 1985 and is based in San Diego, California.


DEAL STATS #
Overall 3 of 5
Sector: Technology Hardware M&A 2 of 2
Type: Divestiture M&A Deals 3 of 5
Country: Netherlands M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-13 Kooaba AG

Zurich, Switzerland

Kooaba AG is a provider of product for image recognition, visual search and augmented reality.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-23 Palm

Sunnyvale, California, United States

Palm, Inc. is a provider of mobile devices that enable users to access and share any information, anywhere. Palm has been a pioneer in mobile since its inception, with such innovations as the PalmPilot™ (the most successful PDA in history), Graffiti™ (a simplified alphabet to input letters into the PalmPilot), and Palm® webOS™ (the first operating system built exclusively for mobile use).

Buy -