M&A Deal Summary

HMS Acquires IXXAT

On January 30, 2013, HMS acquired technology hardware company IXXAT for 32M EUR

Acquisition Highlights
  • This is HMS’s 1st transaction in the Technology Hardware sector.
  • This is HMS’s 0th largest (disclosed) transaction.
  • This is HMS’s 1st transaction in Germany.

M&A Deal Summary

Date 2013-01-30
Target IXXAT
Sector Technology Hardware
Buyer(s) HMS
Deal Type Add-on Acquisition
Deal Value 32M EUR

Target

IXXAT

Weingarten, Germany
IXXAT GmbH is a supplier of communication technology for industrial automation, machine manufacturing and the automotive industry. IXXAT offers hi-tech communication products and services for industrial applications.

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Buyer(S) 1

Buyer

HMS

Halmstad, Sweden

Category Company
Founded 1988
Sector Technology Hardware
Employees1,100
Revenue 3.1B SEK (2024)
DESCRIPTION

HMS is a provider of communication technology for industrial automation equipment. HMS Networks was founded in 1988 and is based in Halmstad, Sweden.


DEAL STATS #
Overall 1 of 5
Sector: Technology Hardware M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Germany M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-01 U-Blox - Wireless Gateway Products

Thalwil, Switzerland

U-Blox - Wireless Gateway Products is a provider of wireless gateways and access points.

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