M&A Deal Summary

Beijing BDStar Navigation Acquires Rx Networks

On March 27, 2017, Beijing BDStar Navigation acquired information technology company Rx Networks for 31M USD

Acquisition Highlights
  • This is Beijing BDStar Navigation’s 1st transaction in the Information Technology sector.
  • This is Beijing BDStar Navigation’s largest (disclosed) transaction.
  • This is Beijing BDStar Navigation’s 1st transaction in Canada.
  • This is Beijing BDStar Navigation’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2017-03-27
Target Rx Networks
Sector Information Technology
Buyer(s) Beijing BDStar Navigation
Deal Type Add-on Acquisition
Deal Value 31M USD

Target

Rx Networks

Vancouver, British Columbia, Canada
Rx Networks, Inc. is a mobile location technology company that develops hybrid positioning and assisted-Global Positioning System solutions. Rx Networks, Inc. was established in 2006 and is headquartered in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Beijing BDStar Navigation

Beijing, China
Category Company
Founded 2000
Sector Information Technology
Employees2,205
Revenue 4.1B CNY (2023)
DESCRIPTION

Beijing BDStar Navigation is an information technology and services company. Beijing BDStar Navigation was incorporated in 2000 and is based in Beijing, China.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-11 Harxon

Shenzhen, China

Harxon Corp. is a manufacturer and supplier of positioning satellite antenna, mobile satellite receiving system, and wireless data transmission products.

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