M&A Deal Summary

Damon Motors Acquires Inpixon UK

On October 23, 2023, Damon Motors acquired software company Inpixon UK from XTI Aerospace

Acquisition Highlights
  • This is Damon Motors’ 1st transaction in the Software sector.
  • This is Damon Motors’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-10-23
Target Inpixon UK
Sector Software
Buyer(s) Damon Motors
Sellers(s) XTI Aerospace
Deal Type Divestiture

Target

Inpixon UK

United Kingdom
Inpixon UK is a division of Inpixon's statistical analytics and visualization for engineering and sciences business based in the United Kingdom.

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Buyer(S) 1

Buyer

Damon Motors

Vancouver, British Columbia, Canada

Category Company
Sector Automotive
DESCRIPTION

Damon Motors is the maker of the acclaimed HyperSport electric motorcycle. The Damon HyperSport is expected to be one of the safest, smartest, and most powerful motorcycles available in the market. Damon Motors is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

XTI Aerospace

Englewood, Colorado, United States

Category Company
Founded 2012
Sector Information Technology
Employees210
Revenue 3M USD (2024)
DESCRIPTION

XTI Aerospace is an innovator of indoor intelligence, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company’s indoor intelligence and industrial real-time location system (RTLS) technology are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. XTI Aerospace was founded in 2012 and is based in Englewood, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-25 XTI Aircraft

Denver, Colorado, United States

XTI Aircraft is an aviation business, developing the TriFan 600, a fixed-wing business aircraft that can take off and land vertically like a helicopter. XTI Aircraft is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-12 Drone Nerds

Dania Beach, Florida, United States

Drone Nerds provides comprehensive drone solutions for enterprise, private, and recreational needs. It focuses on ensuring that its customers have the right UAS solution for their unique operational needs. With its proprietary Always Flying program, the company provides reliability and assurance for enterprise implementations across industry verticals, including public safety, government, agriculture, construction, energy, inspection, and more. Drone Nerds was formed in 2014 and is based in Dania Beach, Florida.

Buy $40M