1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Sweden >
  5. Rivian Acquires Iternio

M&A Deal Summary

Rivian Acquires Iternio

On June 21, 2023, Rivian acquired software company Iternio

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

M&A Deal Summary
Date 2023-06-21
Target Iternio
Sector Software
Buyer(s) Rivian
Deal Type Add-on Acquisition

Target

Iternio

Lund, Sweden
Iternio is a developer of the ‘A Better Routeplanner’ (ABRP) app that provides EV trip planning and has a community of EV drivers in both North America and Europe. ABRP gives EV drivers the ability to plan and compare routes and charging stop options. Iternio is based in Lund, Sweden.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Rivian

Irvine, California, United States
Category Company
Founded 2009
Sector Automotive
Employees14,861
Revenue 5.0B USD (2024)
DESCRIPTION

Rivian is a motor vehicle manufacturing company that creates products and services to help the planet transition to carbon-neutral energy and transportation. It designs, develops, and manufactures category-defining electric vehicles and accessories and sells them directly to customers in the consumer and commercial markets. The company complements its vehicles with a full suite of proprietary, value-added services that address the entire lifecycle of the vehicle and deepen its customer relationships. Rivian was formed in 2009 and is based in Irvine, 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: 2023 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal