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  6. LocationSmart Acquires Locaid

M&A Deal Summary

LocationSmart Acquires Locaid

On February 26, 2015, LocationSmart acquired internet software and services company Locaid

Acquisition Highlights
  • This is LocationSmart’s 1st transaction in the Internet Software and Services sector.
  • This is LocationSmart’s 1st transaction in the United States.
  • This is LocationSmart’s 1st transaction in Florida.

M&A Deal Summary
Date 2015-02-26
Target Locaid
Sector Internet Software and Services
Buyer(s) LocationSmart
Deal Type Add-on Acquisition

Target

Locaid

Boca Raton, Florida, United States
Locaid, Inc. is a provider of cloud based location-as-a-Service platform for enterprise location.

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Buyer(S) 1

Buyer

LocationSmart

Carlsbad, California, United States
Category Company
Founded 2009
Sector Information Technology
DESCRIPTION

LocationSmart is a Location-as-a-Service market provider for gaming geolocation compliance and IoT asset monitoring. The Company provides a comprehensive patent-protected platform for cloud-based location services. LocationSmart was founded in 2009 and is based in Carlsbad, California.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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