M&A Deal Summary |
|
|---|---|
| Date | 2022-01-20 |
| Target | SecurityTags.com |
| Sector | Manufacturing |
| Buyer(s) | Ineo |
| Sellers(s) | Vitag |
| Deal Type | Divestiture |
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Ineo is a developer of the Ineo Media Network, a digital advertising and analytics solution for retailers. The company's patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores. Its cloud-based platform uses IoT (Internet of Things) and AI (Artificial Intelligence) technology to deliver customized digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location. Ineo was founded in 2008 and is headquartered in Surrey, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
Vitag is a provider of Electronic Article Surveillance (EAS) anti-theft products for retailers. Vitag was founded in 2001 and is based in Nunawading, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
