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  5. Roambee Acquires Modum

M&A Deal Summary

Roambee Acquires Modum

On June 8, 2021, Roambee acquired information technology company Modum

Acquisition Highlights
  • This is Roambee’s 1st transaction in the Information Technology sector.
  • This is Roambee’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2021-06-08
Target Modum
Sector Information Technology
Buyer(s) Roambee
Deal Type Add-on Acquisition

Target

Modum

Zurich, Switzerland
Modum is a European pharma last mile-focused cold chain monitoring player. Modum's 'plug & play' solutions work even in the most difficult logistics scenarios requiring high volume and minimal touch, such as last-mile delivery transactions. Modum was founded in 2016 and is based in Zurich, Switzerland.

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Buyer(S) 1

Buyer

Roambee

Santa Clara, California, United States
Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Roambee provides control of goods and assets - indoors, outdoors, and in-transit - with sensor data monitoring, analytics, alerts, and automated response. Our services are on demand and CAPEX-free; you only pay for what you monitor. Roambee was founded in 2013 and is based in Santa Clara, California.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Switzerland M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Arnekt

Pune, India

Arnekt is a cloud analytics services firm with expertise in data science, natural language processing (NLP), and artificial intelligence (AI). Arnekt was founded in 2012 and is based in Pune, India.

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