M&A Deal Summary

Digi Power X Acquires Node40.com

On January 30, 2018, Digi Power X acquired information technology company Node40.com

Acquisition Highlights
  • This is Digi Power X’s 1st transaction in the Information Technology sector.
  • This is Digi Power X’s 1st transaction in the United States.
  • This is Digi Power X’s 1st transaction in New York.

M&A Deal Summary

Date 2018-01-30
Target Node40.com
Sector Information Technology
Buyer(s) Digi Power X
Deal Type Add-on Acquisition

Target

Node40.com

Albany, New York, United States
NODE40 Balance is a robust cryptocurrency reporting software that integrates directly with certain major cryptocurrency exchanges. Members of the blockchain community transacting in, trading, or mining digital currency, have likely triggered a taxable event and can be unaware of how to properly disclose these transactions to the government. With a cryptocurrency market size of $537 billion, (more than JP Morgan’s value as reported by CNBC), government intervention into the cryptocurrency market is certain as is the need for more defined accounting solutions.

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Buyer(S) 1

Buyer

Digi Power X

Miami, Florida, United States

Category Company
Founded 2017
Sector Information Technology
Employees15
Revenue 37M USD (2024)
DESCRIPTION

Digi Power X is a blockchain technology company. Digi Power X was founded in 2017 and is based in Miami, Florida.


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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1