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  5. Guardforce AI Co. Acquires Logic Network

M&A Deal Summary

Guardforce AI Co. Acquires Logic Network

On February 11, 2021, Guardforce AI Co. acquired communications company Logic Network

Acquisition Highlights
  • This is Guardforce AI Co.’s 1st transaction in the Communications sector.
  • This is Guardforce AI Co.’s 2nd transaction in China.

M&A Deal Summary
Date 2021-02-11
Target Logic Network
Sector Communications
Buyer(s) Guardforce AI Co.
Deal Type Add-on Acquisition

Target

Logic Network

China
Logic Network Ltd. specializing in telecommunications, network operations, intelligent retail systems, and technology. Logic Network offers integrated solutions that help network service providers, internet data centers, and telecommunications operators with the design and implementation of cloud-based application platforms and different types of information and communications technology (ICT) strategies. Logic Network is based in Hong Kong.

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Buyer(S) 1

Buyer

Guardforce AI Co.

Bangkok, Thailand
Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Guardforce AI Co., Ltd. is an integrated security solutions provider to protect and transport the high-value assets of public and private sector organizations. Guardforce AI was founded in 2018 and is based in Bangkok, Thailand.

DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: China M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-04 Handshake Networking

Hong Kong, China

Handshake Networking Ltd. is a provider of information security consultancy services, including penetration testing and vulnerability assessment, information systems audit, consultancy, computer forensics and security awareness training. Handshake Networking was founded in 2004 and is based in Hong Kong.

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