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  6. Life Clips Acquires Cognitive Apps

M&A Deal Summary

Life Clips Acquires Cognitive Apps

On April 6, 2021, Life Clips acquired software company Cognitive Apps

Acquisition Highlights
  • This is Life Clips’ 1st transaction in the Software sector.
  • This is Life Clips’ 1st transaction in Canada.
  • This is Life Clips’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2021-04-06
Target Cognitive Apps
Sector Software
Buyer(s) Life Clips
Deal Type Add-on Acquisition

Target

Cognitive Apps

Vancouver, British Columbia, Canada
Cognitive Apps is a developer of artificial intelligence (AI) applications for the healthcare industry and psychedelic research.

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Buyer(S) 1

Buyer

Life Clips

Aventura, Florida, United States
Category Company
Founded 2013
Sector Electrical Equipment
Employees20
DESCRIPTION

Life Clips distributes single-use and cordless batteries under the Mobeego brand for use in cellular phones and other mobile devices. Life Clips was founded in 2013 and is based in Aventura, Florida.

DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-26 Belfrics

Kuala Lumpur, Malaysia

Belfrics is a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. Belfrics operates in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, and Bahrain. Belfrics is based in Kuala Lumpur City, Malaysia.

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