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  6. Route1 Acquires Spyrus

M&A Deal Summary

Route1 Acquires Spyrus

On September 15, 2021, Route1 acquired information technology company Spyrus

Acquisition Highlights
  • This is Route1’s 2nd transaction in the Information Technology sector.
  • This is Route1’s 2nd transaction in the United States.
  • This is Route1’s 1st transaction in California.

M&A Deal Summary
Date 2021-09-15
Target Spyrus
Sector Information Technology
Buyer(s) Route1
Deal Type Add-on Acquisition

Target

Spyrus

San Jose, California, United States
Spyrus develops and manufactures cryptographic products, including the SPYCOS smart card operating system, enabling strong protection for data-in-motion, data-at-rest, and data-in-process. Spyrus was founded in 1992 and is based in San Jose, California.

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Buyer(S) 1

Buyer

Route1

Boca Raton, Florida, United States
Category Company
Sector Information Technology
DESCRIPTION

Route1, Inc. is a provider of secure data protection technologies and user authentication for government and enterprise. Route1 solutions enable the workforce to be more productive and more flexible without compromising system access, data-at-rest, or data-in-use. Route1 is based in Boca Raton, Florida.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Group Mobile Int’l

Chandler, Arizona, United States

Group Mobile Int’l LLC is a provider of rugged mobile technology solutions to automotive manufacturing companies and suppliers. Group Mobile Int’l was founded in 2002 and is based in Chandler, Arizona.

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