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  6. Frontiir Acquires Termaxia

M&A Deal Summary

Frontiir Acquires Termaxia

On March 6, 2020, Frontiir acquired information technology company Termaxia

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

M&A Deal Summary
Date 2020-03-06
Target Termaxia
Sector Information Technology
Buyer(s) Frontiir
Deal Type Add-on Acquisition

Target

Termaxia

Philadelphia, Pennsylvania, United States
Termaxia LLC offers a cutting-edge solution that provides unlimited scalability at high performance and low power, with unparalleled price/performance ratio. The company combines hardware and software innovations that are entirely based on commodity hardware components. It is designed to run in either a private, public, or hybrid cloud environment, in the core or on the edge of your cloud infrastructure and is designed to be a drop-in replacement or expansion for existing cloud storage deployments.

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Buyer(S) 1

Buyer

Frontiir

Yangon, Myanmar
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Frontiir provides exceptional enterprise IT services and delivering state of the art communication services to developing countries. It innovates and designs its own network infrastructure solutions including its unique wireless last-mile solutions. Frontiir was founded in 2013 and is based in Yangon, Myanmar.

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: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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