M&A Deal Summary

Huawei Acquires Neul

On September 22, 2014, Huawei acquired technology hardware company Neul for 25M USD

Acquisition Highlights
  • This is Huawei’s 2nd transaction in the Technology Hardware sector.
  • This is Huawei’s largest (disclosed) transaction.
  • This is Huawei’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2014-09-22
Target Neul
Sector Technology Hardware
Buyer(s) Huawei
Deal Type Add-on Acquisition
Deal Value 25M USD

Target

Neul

Cambridge, United Kingdom
Neul is a Cambridge, U.K.-based radio module maker focused on the internet of things.

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Buyer(S) 1

Buyer

Huawei

Shenzhen, China

Category Company
Founded 1987
Sector Technology Hardware
Employees140,000
DESCRIPTION
Huawei office in Dubai, United Arab Emirates.
Huawei office in Dubai, United Arab Emirates.

Huawei is a designer and producer of networking and telecommunications equipment and services. The Company also produces cell phones and other consumer-oriented technology and products. Huawei was established in 1987 and is based in Shenzhen, China.


DEAL STATS #
Overall 7 of 7
Sector: Technology Hardware M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 2 of 2
Year: 2014 M&A 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-18 Fastwire

Sydney, Australia

Fastwire, based in Sydney and Singapore, was founded in 1988 by Jon Birch and Rod Fisher. The Company's S2Net OSS suite provides industry-unique levels of business automation by simplifying the delivery of complex, multi-layer, legacy and next generation network services. It has 150 people in offices across Australia, Asia and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 Huawei Marine Networks Co.

Tianjin, China

Huawei Marine Networks Co. Ltd. provides cost-effective turnkey submarine cable system solutions incorporating system design, integration and installation services with an on-going focus and commitment to customer support for network operators. Huawei Marine Networks Co. Ltd. was founded in 2008 and is based in Tianjin, China.

Sell -