M&A Deal Summary

Delta Electronics Acquires March Networks

On October 1, 2021, Delta Electronics acquired information technology company March Networks from Shenzhen Infinova for 114M USD

Acquisition Highlights
  • This is Delta Electronics’ 1st transaction in the Information Technology sector.
  • This is Delta Electronics’ 2nd largest (disclosed) transaction.
  • This is Delta Electronics’ 2nd transaction in Canada.
  • This is Delta Electronics’ 1st transaction in Ontario.

M&A Deal Summary

Date 2021-10-01
Target March Networks
Sector Information Technology
Buyer(s) Delta Electronics
Sellers(s) Shenzhen Infinova
Deal Type Divestiture
Deal Value 114M USD

Target

March Networks

Ottawa, Ontario, Canada
March Networks is a provider of intelligent IP video solutions that helped some of the world's largest commercial and government organizations transition from traditional CCTV to advanced surveillance technologies used for security, loss prevention, risk mitigation, and operational efficiency. March Networks is based in Ottawa, Ontario.

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Buyer(S) 1

Buyer

Delta Electronics

Taipei, Ireland

Category Company
Founded 1971
Sector Electrical Equipment
Employees534
Revenue 401.2B TWD (2023)
DESCRIPTION

Delta Electronics is a provider of energy efficient power products in the industry, including switching power supplies with efficiency over 90%, telecom power with up to 98%, and PV inverters with up to 98.8% efficiency. We have also developed the world’s first server power supply certified as 80 Plus Titanium with over 96% efficiency. We regularly invest 6% to 7% of our annual sales revenues in R&D and have worldwide R&D facilities in Taiwan, China, Europe, India, Japan, Singapore, Thailand, and the U.S. Delta Electronics was founded in 1971 and is based in Taipei, Taiwan.


DEAL STATS #
Overall 3 of 6
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2021) 1 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-30 Trihedral Engineering

Bedford, Nova Scotia, Canada

Trihedral Engineering Ltd. is a developer of Windows-based monitoring and control software with offices in Nova Scotia, Florida, Texas, Alabama, Alberta, Illinois, California, and Scotland. Its team of programmers, engineers, and support personnel serve a diverse customer base spanning six continents. VTScada, it's flagship software that represents over 3 decades of experience creating state-of-the-art HMI and SCADA solutions. Designed for plant, telemetry, or hosted systems of any size, VTScada’s unique design integrates all core SCADA components into one easy-to-use package. It replaces third-party add-ons with integrated features like security, reporting, historian, alarming, alarm notification, version control, and thin clients. Trihedral was formed in 1986 and is based in Bedford, Nova Scotia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-18 Universal Instruments

Conklin, New York, United States

Universal Instruments is a provider of precision automation solutions to customers in a broad range of fields, including automotive, computing, medical, industrial, as well as printed circuit board surface mount placement and odd-form insertion. Universal Instruments was formed in 1919 and is based in Conklin, New York.

Buy $89M

Seller(S) 1

SELLER

Shenzhen Infinova

Shenzhen, China

Category Company
Founded 2000
Sector Technology Hardware
Employees665
Revenue 1.4B CNY (2023)
DESCRIPTION

Shenzhen Infinova is an entity that provides solutions that enable end-users to extend the life of their existing analog equipment by having it coexist with their new IP video equipment, Infinova provides megapixel, IP and analog surveillance cameras, specialized cameras, core equipment for video control rooms, fiber optic communications, access control products and customized systems. Shenzhen Infinova was founded in 2000 and is based in Shenzhen, China.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-27 March Networks

Ottawa, Ontario, Canada

March Networks is a provider of intelligent IP video solutions that helped some of the world's largest commercial and government organizations transition from traditional CCTV to advanced surveillance technologies used for security, loss prevention, risk mitigation, and operational efficiency. March Networks is based in Ottawa, Ontario.

Buy $90M