M&A Deal Summary

Invixium Acquires Triax

On July 17, 2024, Invixium acquired information technology company Triax

Acquisition Highlights
  • This is Invixium’s 1st transaction in the Information Technology sector.
  • This is Invixium’s 1st transaction in Canada.
  • This is Invixium’s 1st transaction in Ontario.

M&A Deal Summary
Date 2024-07-17
Target Triax
Sector Information Technology
Buyer(s) Invixium
Deal Type Add-on Acquisition

Target

Triax

Toronto, Ontario, Canada
Triax provides people-centric solutions to enhance safety and productivity for asset-intensive organizations. The patented technology and intrinsically safe certified hardware help connect workers and physical assets to provide business leaders with decision-grade data. The Spot-r®, a registered trademark of Triax Technologies, Inc. is a comprehensive solution that offers a proprietary blend of devices (including wearable technology and AI-enabled cameras), networks, applications, and insights to gather and synthesize hard to capture field data in real-time. Triax was formed in 2012 and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Invixium

Toronto, Ontario, Canada
Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

Invixium is a provider of biometric access control, workforce, and visitor management solutions. Invixium designs and manufactures rugged biometric solutions for access control, workforce, and visitor management. Their fully integrated hardware, software, and mobile platform solution helps improve the health, safety, productivity, and security of enterprises and industries using accurate data capture and intelligent data analytics. Invixium was formed in 2012 and is headquartered in Toronto, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

Legal