M&A Deal Summary

Innominds Acquires Nymi

On April 12, 2022, Innominds acquired software company Nymi

Acquisition Highlights
  • This is Innominds’ 1st transaction in the Software sector.
  • This is Innominds’ 1st transaction in Canada.
  • This is Innominds’ 1st transaction in Ontario.

M&A Deal Summary

Date 2022-04-12
Target Nymi
Sector Software
Buyer(s) Innominds
Deal Type Add-on Acquisition

Target

Nymi

Toronto, Ontario, Canada
Nymi is a connected worker platform provider. The Company connects people and processes as a service with the Nymi Connected Worker Platform. Delivered through its secure wearable, the Nymi Band™, the platform unifies the workplace across multiple environments and networks by securing the point at which employee and technology converge. Nymi was founded in 2011 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Innominds

San Jose, California, United States

Category Company
Founded 1998
Sector Information Technology
DESCRIPTION

Innominds is an AI-first, platform-led digital transformation and full-cycle product engineering services company. Innominds powers the Digital Next initiatives of global enterprises, software product companies, OEMs, and ODMs with integrated expertise in devices and embedded engineering, software apps and product engineering, analytics and data engineering, quality engineering, cloud and DevOps, and security. Innominds was founded in 1998 and is based in San Jose, California.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1