M&A Deal Summary

Siyata Mobile Acquires Signifi Mobile

On April 19, 2016, Siyata Mobile acquired technology hardware company Signifi Mobile

Acquisition Highlights
  • This is Siyata Mobile’s 1st transaction in the Technology Hardware sector.
  • This is Siyata Mobile’s 1st transaction in Canada.
  • This is Siyata Mobile’s 1st transaction in Quebec.

M&A Deal Summary
Date 2016-04-19
Target Signifi Mobile
Sector Technology Hardware
Buyer(s) Siyata Mobile
Deal Type Add-on Acquisition

Target

Signifi Mobile

Montreal, Quebec, Canada
Signifi is a Montreal-based company that manufactures, markets, and sells Uniden cellular signal boosters and accessories across Canada and the United States. Signifi’s current sales come predominantly from Canada, while USA sales are growing and present a very large scale opportunity. The demand for cellular boosters in businesses, homes, and vehicles demonstrates huge market opportunity due to the volume of users that experience weak or inconsistent cell phone coverage.

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Buyer(S) 1

Buyer

Siyata Mobile

Montreal, Quebec, Canada
Category Company
Founded 1986
Sector Communications
Employees23
Revenue 8M USD (2023)
DESCRIPTION

Siyata Mobile is a global developer and provider of a vehicle-mounted communications platform over advanced mobile networks. Siyata’s customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the US, Europe, Australia, and the Middle East. Siyata Mobile was founded in 1986 and is based in Montreal, Quebec.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-24 ClearRF

Spokane, Washington, United States

ClearRF produces M2M (machine-to-machine) cellular amplifiers for commercial and industrial M2M applications. ClearRF enables companies to deploy telemetry systems, remotely monitor and control their M2M applications in real-time and its products combine world-class innovation and industry experience and are designed and manufactured in the U.S. ClearRF is based in Spokane Valley, Washington.

Buy $7M
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