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  5. Sandpiper Assets AG Acquires Multicard AG

M&A Deal Summary

Sandpiper Assets AG Acquires Multicard AG

On December 19, 2013, Sandpiper Assets AG acquired technology hardware company Multicard AG from Identiv

Acquisition Highlights
  • This is Sandpiper Assets AG’s 1st transaction in the Technology Hardware sector.
  • This is Sandpiper Assets AG’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2013-12-19
Target Multicard AG
Sector Technology Hardware
Buyer(s) Sandpiper Assets AG
Sellers(s) Identiv
Deal Type Divestiture

Target

Multicard AG

Wallisellen, Switzerland
Multicard AG is a digital smart card provider.

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Buyer(S) 1

Buyer

Sandpiper Assets AG

Road Town, British Virgin Islands, British Indian Ocean Territory
Category Company
Sector Financial Services
DESCRIPTION

Sandpiper Assets AG is an international holding company with a focus on the development of technology companies.

DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
Country: Switzerland M&A 1 of 1
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-19 Payment Solution AG

Ismaning, Germany

Payment Solution AG is a provider of integrated payment solutions for stadiums, arenas, theme parks and other venues for leisure and entertainment.

Buy -

Seller(S) 1

SELLER

Identiv

Fremont, California, United States
Category Company
Founded 1990
Sector Technology Hardware
Employees166
Revenue 27M USD (2024)
DESCRIPTION

Identiv is a provider of Secure ID IT company. The company's products includes PC-linked, desktop smart card readers and terminals include multiple form factors and interface options to suit a range of applications and customer needs. Identiv was founded in 1990 and is based in Fremont, California.

DEAL STATS #
Overall 2 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 Payment Solution AG

Ismaning, Germany

Payment Solution AG is a provider of integrated payment solutions for stadiums, arenas, theme parks and other venues for leisure and entertainment.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-06 3VR Security

San Francisco, California, United States

3VR Security, Inc. is a provider of video intelligence solutions.. It is a single platform for real-time security and customer insights, enabling organizations to protect employees, customers and assets as well as improve store operations and shopping experience. 3VR Security was founded in 2002 and is based in San Francisco, California.

Buy -
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