M&A Deal Summary

Multi-Tech Systems Acquires Radio Bridge

On June 8, 2021, Multi-Tech Systems acquired technology hardware company Radio Bridge

Acquisition Highlights
  • This is Multi-Tech Systems’ 2nd transaction in the Technology Hardware sector.
  • This is Multi-Tech Systems’ 2nd transaction in the United States.
  • This is Multi-Tech Systems’ 2nd transaction in Minnesota.

M&A Deal Summary
Date 2021-06-08
Target Radio Bridge
Sector Technology Hardware
Buyer(s) Multi-Tech Systems
Deal Type Add-on Acquisition

Target

Radio Bridge

Brooklyn Park, Minnesota, United States
Radio Bridge is a designer and manufacturer of long-range wireless sensors for the Internet of Things (IoT) industry using the LoRaWAN® wireless standard. Radio Bridge is based in Brooklyn Park, Minnesota.

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Buyer(S) 1

Buyer

Multi-Tech Systems

Mounds View, Minnesota, United States
Category Company
Founded 1994
Sector Technology Hardware
DESCRIPTION

Multi-Tech Systems designs, develops and manufactures components, devices and end-to-end solutions for the industrial and commercial Internet of Things. Offerings include first-to-market innovations in low power, wireless access and broadband, low-latency communication technologies, machine protocols, integrated sensors and mobile applications which enable monitoring and management of smart assets, durables and industrial consumables. Multi-Tech Systems was founded in 1994 and is based in Mounds View, Minnesota.

DEAL STATS #
Overall 2 of 2
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Minnesota) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-09 Multi-Tech Systems

Mounds View, Minnesota, United States

Multi-Tech Systems designs, develops and manufactures communications equipment for the industrial internet of things – connecting physical assets to business processes to deliver enhanced value. Multi-Tech Systems is based in Mounds View, Minnesota.

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