M&A Deal Summary

QRC Technologies Acquires Owl Computing Technologies

On February 1, 2017, QRC Technologies acquired information technology company Owl Computing Technologies

Acquisition Highlights
  • This is QRC Technologies’ 1st transaction in the Information Technology sector.
  • This is QRC Technologies’ 1st transaction in the United States.
  • This is QRC Technologies’ 1st transaction in Connecticut.

M&A Deal Summary

Date 2017-02-01
Target Owl Computing Technologies
Sector Information Technology
Buyer(s) QRC Technologies
Deal Type Add-on Acquisition
Advisor(s) Bluestone Capital Partners (Financial)

Target

Owl Computing Technologies

Ridgefield, Connecticut, United States
Owl Computing Technologies designs, develops, manufactures, and implements next-generation cybersecurity solutions for critical networks. Owl DualDiode Technology®, a proprietary data diode-based solution, boasts over 27 technology patents and has over 2,000 successful deployments globally across intelligence, government, military, utility, energy, and other critical infrastructure networks. Owl's deterministic, hardware-enforced technology secures networks and enables the reliable and robust one-way transfer of any data type, including streaming sources. Owl was founded in 1998 and is headquartered in Ridgefield, Connecticut.

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Buyer(S) 1

Buyer

QRC Technologies

Fredericksburg, Virginia, United States

Category Company
Founded 1987
Sector Technology Hardware
DESCRIPTION

QRC Technologies, Inc. designs and develops a host of open architecture Radio Frequency (RF) products and provides comprehensive integrated solutions primarily for government, military, and law enforcement agencies. QRC’s products are employed globally on a myriad of manned, unmanned, and autonomous platforms and labs. QRC was founded in 1987 and is headquartered in Fredericksburg, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1