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  6. Superpedestrian Acquires Navmatic

M&A Deal Summary

Superpedestrian Acquires Navmatic

On July 20, 2021, Superpedestrian acquired information technology company Navmatic

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

M&A Deal Summary
Date 2021-07-20
Target Navmatic
Sector Information Technology
Buyer(s) Superpedestrian
Deal Type Add-on Acquisition

Target

Navmatic

Palo Alto, California, United States
Navmatic enables high-accuracy positioning in the most challenging environments by fusing standard GPS hardware, sensors, and proprietary sensor fusion software. Navmatic's solution is specifically tuned for micro-mobility vehicles, combining high-rate sensor measurements with multipath mitigation algorithms to unlock key location-based micro-mobility features such as rider behavior detection, education, and insights for cities. Navmatic was formed in 2019 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Superpedestrian

Cambridge, Massachusetts, United States
Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Superpedestrian is a mobility engineering and technology company that develops and launches urban transport solutions. LINK is the company’s shared micro-mobility platform and the first operator to offer electric vehicles with self-diagnostic technology, enabling safe and profitable shared fleets. Superpedestrian was founded in 2013 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
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
2020-06-04 Zagster

Boston, Massachusetts, United States

Zagster provides fleet management capabilities as a service to mobility brands and host partners (cities, universities, and real estate companies) in over 200 markets nationwide. The company’s fleet management software platform is purpose-built to pair with an in-market staffing model to deliver best in class unit economics for mobility brands and a high level of quality for host partners.

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