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  5. Pilotfish Networks AB Acquires Appello

M&A Deal Summary

Pilotfish Networks AB Acquires Appello

On February 16, 2017, Pilotfish Networks AB acquired internet software and services company Appello

Acquisition Highlights
  • This is Pilotfish Networks AB’s 1st transaction in the Internet Software and Services sector.
  • This is Pilotfish Networks AB’s 1st transaction in Sweden.

M&A Deal Summary
Date 2017-02-16
Target Appello
Sector Internet Software and Services
Buyer(s) Pilotfish Networks AB
Deal Type Add-on Acquisition

Target

Appello

Göteborg, Sweden
Appello is a mobile application that provides location based services for commercial and residential sectors.

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Buyer(S) 1

Buyer

Pilotfish Networks AB

Göteborg, Sweden
Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Pilotfish Networks AB is a provider of connectivity and cloud based services to public transport vehicles. Pilotfish core offering is based on the installation of a gateway that connects the vehicle network to Internet.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2017 M&A 1 of 1
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