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M&A Deal Summary

OMNIQ Acquires Dangot Computers

On May 6, 2021, OMNIQ acquired technology hardware company Dangot Computers for 8M USD

Acquisition Highlights
  • This is OMNIQ’s 1st transaction in the Technology Hardware sector.
  • This is OMNIQ’s largest (disclosed) transaction.
  • This is OMNIQ’s 1st transaction in Israel.

M&A Deal Summary
Date 2021-05-06
Target Dangot Computers
Sector Technology Hardware
Buyer(s) OMNIQ
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Dangot Computers

Tel Aviv-Yafo, Israel
Dangot Computers is providing state of the art technology enabling frictionless automated order processing & digital payment processing products for retail, fast food, and parking integrated working stations for physicians, drug delivery and blood tests, robotics for smart warehouses, point of sales, and other innovative solutions. Dangot Computers is based in Tel Aviv-Yafo, Israel.

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Buyer(S) 1

Buyer

OMNIQ

Salt Lake City, Utah, United States
Category Company
Founded 1994
Sector Information Technology
Employees166
Revenue 74M USD (2024)
DESCRIPTION

OMNIQ provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance, and monitoring for supply chain management, homeland security, public safety, traffic & parking management, and access control applications. OMNIQ was founded in 1994 and is based in Salt Lake City, Utah.

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: Israel M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
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