M&A Deal Summary

Geospace Technologies Acquires Heartbeat Detector

On August 4, 2025, Geospace Technologies acquired technology hardware company Heartbeat Detector from Oak Ridge National Laboratory

Acquisition Highlights
  • This is Geospace Technologies’ 2nd transaction in the Technology Hardware sector.
  • This is Geospace Technologies’ 4th transaction in the United States.

M&A Deal Summary

Date 2025-08-04
Target Heartbeat Detector
Sector Technology Hardware
Buyer(s) Geospace Technologies
Sellers(s) Oak Ridge National Laboratory
Deal Type Divestiture

Target

Heartbeat Detector

United States
Heartbeat Detector is a small, portable device that uses proprietary sensors to rapidly identify people hidden in vehicles, providing a modern, user-friendly interface in as little as 10 seconds.

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Buyer(S) 1

Buyer

Geospace Technologies

Houston, Texas, United States

Category Company
Founded 1980
Sector Test/Measurement Equipment
Employees450
Revenue 136M USD (2024)
DESCRIPTION

Geospace Technologies designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. Geospace Technologies Corp. also designs and manufactures non-seismic products, including industrial products, offshore cables, thermal printing equipment and film. Geospace Technologies was founded in 1980 and is based in Houston, Texas.


DEAL STATS #
Overall 4 of 4
Sector: Technology Hardware M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Aquana

United States

Aquana is a provider of an Internet of Things (IoT) water management platform that delivers remote shut-off valve control, remote AMI meter reading, as well as leak and burst protection for municipal water utilities, multi-dwelling properties, and commercial buildings. Aquana was founded in 2017 and is based in United States.

Buy $1M

Seller(S) 1

SELLER

Oak Ridge National Laboratory

Oak Ridge, Tennessee, United States

Category Company
Founded 1943
Sector Business Services
DESCRIPTION

Oak Ridge National Laboratory delivers scientific discoveries and technical breakthroughs needed to realize solutions in energy and national security and provides economic benefits to the nation. Oak Ridge National Laboratory was founded in 1943 and is based in Oak Ridge, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1