M&A Deal Summary

DAQRI Acquires 1066 Labs

On March 1, 2016, DAQRI acquired technology hardware company 1066 Labs

Acquisition Highlights
  • This is DAQRI’s 1st transaction in the Technology Hardware sector.
  • This is DAQRI’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-03-01
Target 1066 Labs
Sector Technology Hardware
Buyer(s) DAQRI
Deal Type Add-on Acquisition

Target

1066 Labs

Hailsham, United Kingdom
1066 Labs, Inc. is a manufacturer of head-mounted display manufacturer focused on serving enterprise clients with augmented reality solutions.

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Buyer(S) 1

Buyer

DAQRI

Los Angeles, California, United States

Category Company
Founded 2007
Sector Software
DESCRIPTION

DAQRI is an augmented reality/4D company focused on transforming the future of work. DAQRI delivers innovative hardware and software products that enable creative play, and technologies that support a lifetime of work. DAQRI was founded in 2007 and is based in Los Angeles, California.


DEAL STATS #
Overall 2 of 3
Sector: Technology Hardware M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: United Kingdom M&A 1 of 2
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-13 ARToolworks

United States

ARToolworks is a augmented reality and creator of ARToolKit, the world’s most popular library for AR application development.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-28 Two Trees Photonics

Milton Keynes, United Kingdom

Two Trees Photonics Ltd. is a designer and developer of technologies to enable revolutionary holographic displays. 2TPs advanced holographic computation algorithms and ultra high performance spatial light modulators enable revolutionary holographic projection systems which display bright, vibrant highly saturated images.

Buy -