M&A Deal Summary

Ondas Acquires Ardenna

On March 21, 2022, Ondas acquired software company Ardenna

Acquisition Highlights
  • This is Ondas’ 1st transaction in the Software sector.
  • This is Ondas’ 2nd transaction in the United States.
  • This is Ondas’ 1st transaction in Virginia.

M&A Deal Summary
Date 2022-03-21
Target Ardenna
Sector Software
Buyer(s) Ondas
Deal Type Add-on Acquisition

Target

Ardenna

Hampton, Virginia, United States
Ardenna is a provider of image processing and machine learning software solutions for rail infrastructure monitoring and inspections. Ardenna is based in Hampton, Virginia.

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Buyer(S) 1

Buyer

Ondas

Marlborough, California, United States
Category Company
Sector Technology Hardware
Employees14
Revenue 16M USD (2023)
DESCRIPTION

Ondas is a wireless networking company that designs and manufactures its multi-patented, Software Defined Radio (SDR) platform for Mission Critical IoT (MC-IoT) applications. Its SDR technology supports IEEE 802.16s, the new worldwide standard for private licensed wide area industrial networks. The company's radios enable wide-area intelligent networks (WANs) for smart grids, smart pipes, smart fields, and any other mission critical network that needs internet protocol connectivity. Ondas is headquartered in Marlborough, California.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 American Robotics

Marlborough, Massachusetts, United States

American Robotics (AR) is a privately-owned company focused on designing, developing, and marketing industrial drone solutions for rugged, real-world environments. AR’s Scout System is a fully automated, AI-powered drone system capable of continuous, unattended operation and is marketed as a “drone-in-a-box” turnkey data solution service under a Robot-as-a-Service (RAAS) business model. American Robotics was formed in 2016 and is based in Marlborough, Massachusetts.

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