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  5. Nexar Acquires Veniam

M&A Deal Summary

Nexar Acquires Veniam

On August 3, 2022, Nexar acquired information technology company Veniam

Acquisition Highlights
  • This is Nexar’s 1st transaction in the Information Technology sector.
  • This is Nexar’s 1st transaction in Portugal.

M&A Deal Summary
Date 2022-08-03
Target Veniam
Sector Information Technology
Buyer(s) Nexar
Deal Type Add-on Acquisition

Target

Veniam

Porto , Portugal
Veniam is a provider of intelligent networking for the internet of moving things. Veniam is based in Porto, Portugal.

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Buyer(S) 1

Buyer

Nexar

New York, New York, United States
Category Company
Sector Information Technology
DESCRIPTION

Nexar is an AI mobility company. Its platform powers car vision connected services and apps, at scale, making new vision-based applications for better driving, powered by a crowd-sourced vision feed. Nexar is based in New York.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Portugal M&A 1 of 1
Year: 2022 M&A 1 of 1
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