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  6. infinitii ai Acquires AB Embedded Systems

M&A Deal Summary

infinitii ai Acquires AB Embedded Systems

On October 20, 2017, infinitii ai acquired energy services and equipment company AB Embedded Systems

Acquisition Highlights
  • This is infinitii ai’s 1st transaction in the Energy Services and Equipment sector.
  • This is infinitii ai’s 1st transaction in Canada.
  • This is infinitii ai’s 1st transaction in Alberta.

M&A Deal Summary
Date 2017-10-20
Target AB Embedded Systems
Sector Energy Services and Equipment
Buyer(s) infinitii ai
Deal Type Add-on Acquisition

Target

AB Embedded Systems

Calgary, Alberta, Canada
AB Embedded Systems Ltd. is a designer, engineer, and manufacturer of an embedded systems for oil and gas corporations in North America. AB Embedded Systems is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

infinitii ai

Vancouver, British Columbia, Canada
Category Company
Founded 2014
Sector Internet Software and Services
Revenue 2M USD (2024)
DESCRIPTION

infinitii ai is a developer of BDaaS (Big-Data-as-a-Service) enterprise applications platform that provides custom cloud-based collection, storage, monitoring, and advanced analysis of any data source of any size or complexity. infinitii ai was founded in 2014 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2017 M&A 1 of 1
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