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  6. RACO Wireless Acquires Position Logic

M&A Deal Summary

RACO Wireless Acquires Position Logic

On July 17, 2013, RACO Wireless acquired software company Position Logic

Acquisition Highlights
  • This is RACO Wireless’ 1st transaction in the Software sector.
  • This is RACO Wireless’ 1st transaction in the United States.
  • This is RACO Wireless’ 1st transaction in Florida.

M&A Deal Summary
Date 2013-07-17
Target Position Logic
Sector Software
Buyer(s) RACO Wireless
Deal Type Add-on Acquisition

Target

Position Logic

Naples, Florida, United States
Position Logic LLC is a Florida-based leader in integrated B2B location-based services.

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Buyer(S) 1

Buyer

RACO Wireless

Cincinnati, Ohio, United States
Category Company
Founded 1991
Sector Communications
DESCRIPTION

RACO Wireless is a provider of wireless data solutions to the M2M industry offering innovative products and services that simplify mobile device management, reduce costs and ensure the availability of mission-critical mobile applications.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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