Add-on Acquisition • Software

lowRISC Acquires NewAE Technology

On June 2, 2022, lowRISC acquired software company NewAE Technology

Acquisition Context

This is lowRISC’s 1st transaction in the Software sector.
This is lowRISC’s 1st transaction in Canada.
This is lowRISC’s 1st transaction in Nova Scotia.

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M&A Deal Summary
Date	June 2, 2022
Target	NewAE Technology
Sector	Software
Buyer(s)	lowRISC
Deal Type	Add-on Acquisition

Target Company

NewAE Technology

Dartmouth, Nova Scotia, Canada

NewAE Technology is a designer and manufacturer of broadly accessible silicon security analysis tools. NewAE Technology was founded in 2014 and is based in Dartmouth, Nova Scotia.

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Buyer Overview 1

Buyer

lowRISC

Cambridge, United Kingdom

Category	Company
Founded	2018
Sector	Information Technology

DESCRIPTION

lowRISC is a not-for-profit company/CIC that provides a neutral home for collaborative engineering to develop and maintain open source silicon designs and tools for the long term. lowRISC was founded in 2018 and is based in Cambridge, United Kingdom.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Nova Scotia	1 of 1
Country: Canada	1 of 1
Year: 2022	1 of 1

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