Investment Summary

OGARA Invests In Arago

On June 27, 2022, OGARA invested in information technology company Arago from WISeKey

Investment Highlights
  • This is OGARA’s 1st transaction in the Information Technology sector.
  • This is OGARA’s 1st transaction in Germany.

Investment Summary

Date 2022-06-27
Target Arago
Sector Information Technology
Investor(s) OGARA
Sellers(s) WISeKey
Deal Type Stake Purchase

Target

Arago

Frankfurt, Germany
Arago provides next-generation automation of enterprise IT development and uses modern technologies such as inference and machine learning in order to automatically operate any business process. Arago was founded in 1995 and is based in Frankfurt, Germany.

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Investor(S) 1

Investor

OGARA

Düsseldorf, Germany

Category Company
Sector Business Services
DESCRIPTION

OGARA is an operator of a limited liability company that takes full control of Arago's operations into the acquiring consortium and establishes the framework of the partnership between WISeKey and Arago to work together on the increasing adoption of AI and IoT convergence as one of the primary factors driving the growth of the IoT market. OGARA is based in Düsseldorf, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

WISeKey

Zug, Switzerland

Category Company
Founded 1999
Sector Information Technology
Employees102
Revenue 12M USD (2024)
DESCRIPTION

WISeKey is a cyber security company that provides Internet of Things (“IoT”) digital identity ecosystems recognized by the operating system and applications, to ensure the authenticity, confidentiality and integrity of online transactions. WISeKey Holding was founded in 1999 and is based in Zug, Switzerland.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-11 Fossa Systems

Madrid, Spain

Fossa Systems is an aerospace company developing picosatellites as a vertically integrated service (satellites <1kg) for LEO. The company offers complete in-house solutions, from design to launch and operations. Fossa Systems provides satellite systems, launch services, satellite services and offers consulting for their respective development. It has developed a standardized picosatellite platform (satellite with a mass less than 1 kg) standardized by combining technological miniaturization with mass production techniques. Fossa Systems' goal is to offer a reference platform for institutions or companies looking to launch their payload into space reliably and quickly, while lowering the barrier to entry and expanding the market customer base. Fossa Systems was formed in 2018 and is based in Madrid, Spain.

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