M&A Deal Summary

DeepMatter Group Acquires OpenIOLabs

On November 3, 2017, DeepMatter Group acquired information technology company OpenIOLabs

Acquisition Highlights
  • This is DeepMatter Group’s 2nd transaction in the Information Technology sector.
  • This is DeepMatter Group’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-11-03
Target OpenIOLabs
Sector Information Technology
Buyer(s) DeepMatter Group
Deal Type Add-on Acquisition

Target

OpenIOLabs

Cambridge, United Kingdom
OpenIOLabs Ltd. which specialises in developing hardware and software for scientific and industrial uses. Company provides an open source hardware translation platform for organisations working with multiple pieces of equipment in a laboratory or in an industrial environment. It bridges the language and compatibility gap between various hardware and software, bringing different systems together to create one point of control.

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Buyer(S) 1

Buyer

DeepMatter Group

Bristol, United Kingdom

Category Company
Founded 2006
Sector Life Science
Employees37
Revenue 1M GBP (2021)
DESCRIPTION

DeepMatter Group is a discovery company focussing on developing a number of projects targeting important new chemicals, materials, formulations, and pharmaceuticals in important commercial areas. Company have a passion for the discovery, design, and digitization of solutions combining chemical, materials and pharmaceutical discovery, and aiming to reduce the cost and feasibility of the discovery and manufacturing process over a range of areas. DeepMatter Group was founded in 2006 and is headquartered in Bristol, the United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-25 Cronin 3D

Glasgow, United Kingdom

Cronin 3D Ltd. owns and operates a platform which is used in the discovery, optimization, and portable manufacture of small molecules and nano materials for the pharmaceutical, formulation, and materials science industries.

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