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  6. Simba Chain Acquires StrongSalt

M&A Deal Summary

Simba Chain Acquires StrongSalt

On February 15, 2022, Simba Chain acquired software company StrongSalt

Acquisition Highlights
  • This is Simba Chain’s 1st transaction in the Software sector.
  • This is Simba Chain’s 1st transaction in the United States.
  • This is Simba Chain’s 1st transaction in California.

M&A Deal Summary
Date 2022-02-15
Target StrongSalt
Sector Software
Buyer(s) Simba Chain
Deal Type Add-on Acquisition

Target

StrongSalt

San Jose, California, United States
StrongSalt is an encryption and storage platform that helps build a new privacy infrastructure for the internet. StrongSalt is solving the fundamental problem of data privacy by building the always-on searchable encryption infrastructure through APIs that are simple enough for any developer to use, yet secure enough to power the world’s most demanding applications. StrongSalt is based in San Jose, California.

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Buyer(S) 1

Buyer

Simba Chain

Plymouth, Indiana, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Simba Chain is an Application Programming Interface development platform that helps enterprise companies build technology on blockchain. Simba Chain was founded in 2017 and is based in Plymouth, Indiana.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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