M&A Deal Summary

Softing AG Acquires Phoenix Digital

On August 19, 2019, Softing AG acquired technology hardware company Phoenix Digital

Acquisition Highlights
  • This is Softing AG’s 1st transaction in the Technology Hardware sector.
  • This is Softing AG’s 1st transaction in the United States.
  • This is Softing AG’s 1st transaction in Arizona.

M&A Deal Summary
Date 2019-08-19
Target Phoenix Digital
Sector Technology Hardware
Buyer(s) Softing AG
Deal Type Add-on Acquisition

Target

Phoenix Digital

Scottsdale, Arizona, United States
Phoenix Digital Corp. is a provider of secure industrial fiber optic communication products. Phoenix Digital was founded in 1992 and is based in Scottsdale, Arizona.

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Buyer(S) 1

Buyer

Softing AG

Haar, Germany
Category Company
Sector Technology Hardware
DESCRIPTION

Softing AG is a provider of products for Industrial Automation and for Automotive Electronics. Softing offers innovative hardware and software products together with comprehensive integration services for fieldbus technology, Industrial Ethernet, and OPC. Softing is based in Haar, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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