M&A Deal Summary

IMAX Acquires Ssimwave

On September 22, 2022, IMAX acquired media company Ssimwave for 19M USD

Acquisition Highlights
  • This is IMAX’s 1st transaction in the Media sector.
  • This is IMAX’s largest (disclosed) transaction.
  • This is IMAX’s 1st transaction in Canada.
  • This is IMAX’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-09-22
Target Ssimwave
Sector Media
Buyer(s) IMAX
Deal Type Add-on Acquisition
Deal Value 19M USD

Target

Ssimwave

Waterloo, Ontario, Canada
Ssimwave provides AI-driven video quality solutions for media and entertainment companies to help streaming services assess video quality at scale, minimize quality drop-offs, and reduce distribution expenses and video assurance costs. Ssimwave is based in Waterloo, Ontario.

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Buyer(S) 1

Buyer

IMAX

Mississauga, Ontario, Canada

Category Company
Founded 1967
Sector Media
Employees669
Revenue 375M USD (2023)
DESCRIPTION

IMAX is an entertainment technology companies, which emphasizes film and digital imaging technologies including giant-screen images, 3-D presentations, post-production, and digital projection. IMAX was incorporated in 1967 and is based in Mississauga, Canada.


DEAL STATS #
Overall 4 of 4
Sector (Media) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-05 Sonics Associates

Birmingham, Alabama, United States

Sonics Associates, Inc. is a provider of sound systems for giant screen IMAX(R) theatres around the world and is a provider in super-fidelity audio.

Buy -