Merger • Business Services

Synthetik Applied Technologies Acquires Saleria

On May 2, 2023, Synthetik Applied Technologies acquired business services company Saleria

Acquisition Context
  • This is Synthetik Applied Technologies’ 1st transaction in the Business Services sector.
  • This is Synthetik Applied Technologies’ 1st transaction in the United Kingdom.

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M&A Deal Summary

Date May 2, 2023
Target Saleria
Sector Business Services
Buyer(s) Synthetik Applied Technologies
Deal Type Merger

Target Company

Saleria

London, United Kingdom
Saleria is an innovative research and development (R&D) company specializing in the mitigation and containment of blast, ballistic and thermal threats with the mission to create protection solutions that save lives and secure infrastructure. The company works with organizations and governments to develop solutions based on its technologies and experience in defense and security. It does this through co-development, integrating technology into existing systems, funded research, licensing, and more. Saleria is based in London.
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Buyer Overview 1

Buyer

Synthetik Applied Technologies

Austin, Texas, United States

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

Synthetik Applied Technologies is experienced in the development, training and effective implementation of AI applications. Synthetik Applied Technologies work with commercial clients and US government agencies to provide computer vision and machine learning expertise, including large-scale synthetic data generation. Synthetik Applied Technologies was founded in 2017 and is based in Austin, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Merger 1 of 1
Country: United Kingdom 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-23 Synthetik Applied Technologies - Undercarriage Imaging Technology

Austin, Texas, United States

Synthetik Applied Technologies' Undercarriage Imaging Technology includes the deployment of Fyusion-powered handheld imaging at all locations, which produced the highest resolution condition report images in the industry. Synthetik Applied Technologies' Undercarriage Imaging Technology is based in Austin, Texas.

Sell -