M&A Deal Summary

TechX Acquires 3030 IoT

On January 14, 2021, TechX acquired technology hardware company 3030 IoT

Acquisition Highlights
  • This is TechX’s 1st transaction in the Technology Hardware sector.
  • This is TechX’s 1st transaction in Canada.
  • This is TechX’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2021-01-14
Target 3030 IoT
Sector Technology Hardware
Buyer(s) TechX
Deal Type Add-on Acquisition

Target

3030 IoT

British Columbia, Canada
3030 IoT is involved in the the industrial Internet of Things space, bringing to market smart sensors for the waste management industry.

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Buyer(S) 1

Buyer

TechX

Vancouver, British Columbia, Canada

Category Company
Sector Internet Software and Services
DESCRIPTION

TechX Technologies is a company focused on emerging technologies across growth sectors including: crypto, blockchain, AI, cloud technologies, and gaming. Led by senior leaders and industry experts, TechX invests in and provides subject matter experts within portfolio companies to accelerate success and maximize value for shareholders.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1