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  5. Phantom Auto Acquires Voysys

M&A Deal Summary

Phantom Auto Acquires Voysys

On October 4, 2022, Phantom Auto acquired software company Voysys

Acquisition Highlights
  • This is Phantom Auto’s 1st transaction in the Software sector.
  • This is Phantom Auto’s 1st transaction in Sweden.

M&A Deal Summary
Date 2022-10-04
Target Voysys
Sector Software
Buyer(s) Phantom Auto
Deal Type Add-on Acquisition

Target

Voysys

Norrkoping, Sweden
Voysys provides teleoperation of autonomous vehicles and machines over 4G/LTE and 5G. The Voysys in-house developed 3D render engine is optimized for ultra-low latency. Using its embedded streamer, low end-to-end latency may also be accomplished over WIFI, 4G, or 5G networks. The render engine also allows for the rendering of high-resolution gigantic screens including cylindrical and spherical domes. Voysys is based in Norrkoping, Sweden.

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Buyer(S) 1

Buyer

Phantom Auto

South San Francisco, California, United States
Category Company
Sector Information Technology
DESCRIPTION

Phantom Auto is specializes in remote operation of all types of vehicles. Phantom’s interoperable solution enables people to remotely supervise, assist, and drive vehicle fleets from up to thousands of miles away – including forklifts, robots, trucks, and more. Phantom Auto is based in South San Francisco, California.

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