M&A Deal Summary

Boxlight Acquires Modern Robotics

On March 14, 2019, Boxlight acquired technology hardware company Modern Robotics

Acquisition Highlights
  • This is Boxlight’s 1st transaction in the Technology Hardware sector.
  • This is Boxlight’s 4th transaction in the United States.
  • This is Boxlight’s 1st transaction in Florida.

M&A Deal Summary
Date 2019-03-14
Target Modern Robotics
Sector Technology Hardware
Buyer(s) Boxlight
Deal Type Add-on Acquisition

Target

Modern Robotics

Miami, Florida, United States
Modern Robotics, Inc. is a Science, Technology, Engineering and Math (STEM) education company with programming and robotics solutions for the K-12 education market. Modern Robotics software platform and innovative robots, educators receive an out-of-the-box solution, complete with a robust curriculum, STEM lessons, tutorials and videos. Modern Robotics, Inc. is based in Miami, Florida.

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Buyer(S) 1

Buyer

Boxlight

Belfair, Washington, United States
Category Company
Founded 1985
Sector Information Technology
DESCRIPTION

Boxlight Corp. is an interactive classroom technology manufacturer and K-12 education solutions provider.

DEAL STATS #
Overall 5 of 10
Sector (Technology Hardware) 1 of 3
Type (Add-on Acquisition) 5 of 9
State (Florida) 1 of 1
Country (United States) 4 of 7
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-24 EOS Education

Scottsdale, Arizona, United States

EOS Education is a consulting and professional development company for the K-12 education market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-21 Robo 3D

San Diego, California, United States

Robo 3D, Inc. is a provider of 3D printers and its software. Robo 3D is based in San Diego, California.

Buy -
Mergr

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