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 (2023)
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, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1
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