M&A Deal Summary

DatChat Acquires Avila Security

On January 20, 2022, DatChat acquired information technology company Avila Security

Acquisition Highlights
  • This is DatChat’s 1st transaction in the Information Technology sector.
  • This is DatChat’s 1st transaction in the United States.
  • This is DatChat’s 1st transaction in Virginia.

M&A Deal Summary

Date 2022-01-20
Target Avila Security
Sector Information Technology
Buyer(s) DatChat
Deal Type Add-on Acquisition

Target

Avila Security

McLean, Virginia, United States
Avila Security is an information technology company with a focus on cyber security applications. Avila develops, commercializes, and licenses next-generation technology solutions for secure, real-time communications, content management, and identity control. The company has secured numerous patents around messaging applications with Digital Rights Management, Blockchain, Encryption, and WebRTC for text, audio and video providing the sender complete control of all contents at all times. It also provides identity control through the implementation of self-sovereign identity (SSI) to provide users complete control of their personal identifiable information. Avila Security is based in McLean, Virginia.

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Buyer(S) 1

Buyer

DatChat

New Brunswick, New Jersey, United States

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

DatChat, Inc. is a personal privacy platform, focused on encrypted communication, internet security and digital rights management. DatChat was founded in 2014 and is based in New Brunswick, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1