M&A Deal Summary

Numerex Acquires AVIDwireless

On February 21, 2013, Numerex acquired technology hardware company AVIDwireless

Acquisition Highlights
  • This is Numerex’s 1st transaction in the Technology Hardware sector.
  • This is Numerex’s 2nd transaction in the United States.
  • This is Numerex’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-02-21
Target AVIDwireless
Sector Technology Hardware
Buyer(s) Numerex
Deal Type Add-on Acquisition

Target

AVIDwireless

Bedford, Texas, United States
AVIDwireless LLC is a manufacturer of a communication devices and also provides next-generation M2M platforms and managed services.

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Buyer(S) 1

Buyer

Numerex

Atlanta, Georgia, United States

Category Company
Founded 1988
Sector Technology Hardware
Employees190
Revenue 70M USD (2016)
DESCRIPTION

Numerex Corp. is a provider of managed machine-to-machine (M2M) enterprise solutions enabling the Internet of Things (IoT). he Company offers a portfolio of managed end-to-end IoT solutions including smart devices, network connectivity and service applications capable of addressing the needs of a wide spectrum of vertical markets and industrial customers.


DEAL STATS #
Overall 2 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Texas) 1 of 1
Country (United States) 2 of 3
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-02 Orbit One Communications

Bozeman, Montana, United States

Orbit One Communications, Inc, an established leader in the provisioning of satellite data products and services to government agencies and emergency services markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Omnilink

Alpharetta, Georgia, United States

Omnilink is a provider of reliable and intuitive tracking and monitoring solutions to businesses, consumers, and government agencies. Omnilink provides cellular connectivity services, leading-edge 4G ankle bracelets, and a cloud-based software tracking platform. Omnilink was founded in 2004 and is based in Alpharetta, Georgia.

Buy $38M