M&A Deal Summary

Kraken Robotics Acquires 13 Robotics

On April 19, 2021, Kraken Robotics acquired software company 13 Robotics

Acquisition Highlights
  • This is Kraken Robotics’ 1st transaction in the Software sector.
  • This is Kraken Robotics’ 1st transaction in Brazil.

M&A Deal Summary

Date 2021-04-19
Target 13 Robotics
Sector Software
Buyer(s) Kraken Robotics
Deal Type Add-on Acquisition

Target

13 Robotics

Rio de Janeir, Brazil
13 Robotics consists of software developers and engineers who have significant experience in underwater robotics and autonomous systems for the energy markets. 13 Robotics has completed projects for a number of global energy companies, with a focus on autonomous underwater inspection in offshore oil and gas as well as renewable energy. 13 Robotics was founded in 2013 and is based in Rio de Janeir, Brazil.

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Buyer(S) 1

Buyer

Kraken Robotics

Mount Pearl, Newfoundland, Canada

Category Company
Founded 2008
Sector Marine
Employees378
Revenue 91M CAD (2024)
DESCRIPTION

Kraken Robotics is a marine technology company, designs, develops, and markets underwater sonars and acoustic velocity sensors for unmanned underwater vehicles used in military and commercial applications in Canada, the United States, France, Israel, and internationally. Kraken Robotics was founded in 2008 and is based in Mount Pearl, Newfoundland.


DEAL STATS #
Overall 3 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Brazil M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-09 PanGeo Subsea

St. John's, Newfoundland, Canada

PanGeo Subsea is a Marine geotechnical service delivery company specializing in acoustic imaging solutions to mitigate risk in offshore installations by imaging and identifying geohazards in the seabed (such as boulders, hard layers, shallow gas, and unexploded ordnance). PanGeo Subsea was founded in 2006 and is based in St. John's, Canada.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-13 3D at Depth

Longmont, Colorado, United States

3D at Depth is a subsea LiDAR laser technology expert that advances subsea LiDAR laser (SL) systems and survey support services to help customers transform the value of underwater 3D data. From data collection and processing, through visualization and analysis, 3DD delivers precise, repeatable, millimetric 3D point clouds to measure, map, and evaluate underwater assets and environments. 3D at Depth is based in Longmont, Colorado.

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