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  6. LOCH.io Acquires Avirtek

M&A Deal Summary

LOCH.io Acquires Avirtek

On October 2, 2023, LOCH.io acquired information technology company Avirtek

Acquisition Highlights
  • This is LOCH.io’s 1st transaction in the Information Technology sector.
  • This is LOCH.io’s 1st transaction in the United States.
  • This is LOCH.io’s 1st transaction in Arizona.

M&A Deal Summary
Date 2023-10-02
Target Avirtek
Sector Information Technology
Buyer(s) LOCH.io
Deal Type Add-on Acquisition

Target

Avirtek

Tucson, Arizona, United States
Avirtek is a professional services and product development firm that focuses on the development of smarter cybersecurity appliances and services. Avirtek was formed in 2005 and is based in Tucson, Arizona.

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Buyer(S) 1

Buyer

LOCH.io

Emeryville, California, United States
Category Company
Sector Information Technology
DESCRIPTION

LOCH.io is a provider of wireless threat monitoring services with 80% of IoT devices wirelessly connected, wireless. The company provides actionable threat intelligence across cellular 4G/5G, broad-spectrum IoT, Bluetooth/BLE, and Wi-Fi to help organizations improve security posture and reduce risk by using AirShield AI-driven artificial intelligence and machine learning to respond to threats in real time. LOCH.io is based in Emeryville, California.

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: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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