M&A Deal Summary

lowRISC Acquires NewAE Technology

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2022-06-02
Target NewAE Technology
Sector Software
Buyer(s) lowRISC
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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
Mergr

Product

Company

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