Add-on Acquisition • Information Technology

Magic Leap Acquires NorthBit

On April 15, 2016, Magic Leap acquired information technology company NorthBit

Acquisition Context

This is Magic Leap’s 1st transaction in the Information Technology sector.
This is Magic Leap’s 1st transaction in Israel.

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M&A Deal Summary
Date	April 15, 2016
Target	NorthBit
Sector	Information Technology
Buyer(s)	Magic Leap
Deal Type	Add-on Acquisition

Target Company

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.

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

Deal Context for Buyer	#
Overall	1 of 4
Sector: Information Technology	1 of 2
Type: Add-on Acquisition	1 of 3
Country: Israel	1 of 1
Year: 2016	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-02-14	Dacuda AG - 3D Division Zurich, Switzerland Dacuda AG - 3D Division is a developer of algorithms for consumer grade cameras.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-02-14

Dacuda AG - 3D Division

Zurich, Switzerland

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

Buy

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