M&A Deal Summary

Microdrones Acquires Aircam UAV Technology

On January 16, 2019, Microdrones acquired technology hardware company Aircam UAV Technology

Acquisition Highlights
  • This is Microdrones’ 1st transaction in the Technology Hardware sector.
  • This is Microdrones’ 1st transaction in China.

M&A Deal Summary

Date 2019-01-16
Target Aircam UAV Technology
Sector Technology Hardware
Buyer(s) Microdrones
Deal Type Add-on Acquisition

Target

Aircam UAV Technology

Guangdong Province, China
Aircam UAV Technology Corp. has developed a large Chinese and Southeast Asian customer base with a focus on surveying & mapping, utilities, and oil & gas industries. The company is a 64 employee Chinese company with its main location in Foshan, an hour-drive from Guangzhou in Southern China, and a branch in Beijing. Aircam has developed a large Chinese and Southeast Asian customer base with a focus on surveying & mapping, utilities, and oil & gas industries.

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Buyer(S) 1

Buyer

Microdrones

Siegen, Germany

Category Company
Founded 2005
Sector Technology Hardware
DESCRIPTION

Microdrones GmbH developed the world's first commercial quadcopter and the company continues to lead the industry with their professional UAV solutions. By pairing robust drones with cutting-edge sensors, Microdrones offers advanced turn-key solutions that make it easy for businesses to start using UAVs for surveying, mapping, construction, inspection, precision agriculture, mining, and other commercial applications.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2019 M&A 1 of 1