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  5. Icomera AB Acquires Moovera Networks

M&A Deal Summary

Icomera AB Acquires Moovera Networks

On July 22, 2008, Icomera AB acquired technology hardware company Moovera Networks

Acquisition Highlights
  • This is Icomera AB’s 1st transaction in the Technology Hardware sector.
  • This is Icomera AB’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2008-07-22
Target Moovera Networks
Sector Technology Hardware
Buyer(s) Icomera AB
Deal Type Add-on Acquisition

Target

Moovera Networks

Sittingbourne, United Kingdom
Moovera Networks Ltd. is a manufacturer of industrial-strength wireless communications products that bridge Wi-Fi access with carrier-class networks including WiMAX, TD-CDMA, HSDPA and 3G UMTS. Moovera Networks Ltd. was founded in 2006 and is based in Sittingbourne, UK.

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Buyer(S) 1

Buyer

Icomera AB

Gothenburg, Sweden
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Icomera AB is a provider of embedded communication and wireless internet connectivity solutions for travelers and transport operators. Icomera AB was founded in 1999 and is based in Gothenburg, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2008 M&A 1 of 1
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