M&A Deal Summary

iT2 Acquires Sonitus Technologies

On October 5, 2021, iT2 acquired information technology company Sonitus Technologies

Acquisition Highlights
  • This is iT2’s 1st transaction in the Information Technology sector.
  • This is iT2’s 1st transaction in the United States.
  • This is iT2’s 1st transaction in California.

M&A Deal Summary

Date 2021-10-05
Target Sonitus Technologies
Sector Information Technology
Buyer(s) iT2
Deal Type Add-on Acquisition

Target

Sonitus Technologies

San Mateo, California, United States
Sonitus Technologies is a real-time wireless communications and monitoring of physiological information of users in the most challenging defense, security and commercial environments. Sonitus Technologies is based in San Mateo, California.

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Buyer(S) 1

Buyer

iT2

Raleigh, North Carolina, United States

Category Company
Sector Technology Hardware
DESCRIPTION

iT2 develop unified personal communications based wearable solutions for defense, commercial, and consumer markets that extend the utility of apparel beyond mere clothing. iT2 is based in Raleigh, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1