M&A Deal Summary

Magic Leap Acquires Dacuda AG - 3D Division

On February 14, 2017, Magic Leap acquired information technology company Dacuda AG - 3D Division from Dacuda AG

Acquisition Highlights
  • This is Magic Leap’s 2nd transaction in the Information Technology sector.
  • This is Magic Leap’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2017-02-14
Target Dacuda AG - 3D Division
Sector Information Technology
Buyer(s) Magic Leap
Sellers(s) Dacuda AG
Deal Type Divestiture

Target

Dacuda AG - 3D Division

Zurich, Switzerland
Dacuda AG - 3D Division is a developer of algorithms for consumer grade cameras.

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Buyer(S) 1

Buyer

Magic Leap

Plantation, Florida, United States

Category Company
Founded 2011
Sector Technology Hardware
DESCRIPTION
Magic Leap's corporate headquarters in Plantation, Florida.
Magic Leap's corporate headquarters in Plantation, Florida.

Magic Leap is a developer of augmented reality devices and ecosystems. Magic Leap was founded in 2011 and is based in Plantation, Florida.


DEAL STATS #
Overall 2 of 4
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-15 NorthBit

Herzliya, Israel

NorthBit specializes in computer forensics, reverse engineering, and CPU/memory optimizations. NorthBit provides primary research and development solutions with unrivaled execution abilities involving any software platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-12 Fuzzycube Software

McKinney, Texas, United States

Fuzzycube Software LLC is an independent game studio. Fuzzycube Software was formed in 2009 and is based in McKinney, Texas.

Buy -

Seller(S) 1

SELLER

Dacuda AG

Zurich, Switzerland

Category Company
Founded 2008
Sector Technology Hardware
DESCRIPTION

Dacuda AG is a developer of technology that enables the scanning computer mouse.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2017 M&A 1 of 1