M&A Deal Summary

TeleSense Acquires Webstech Aps

On April 15, 2019, TeleSense acquired technology hardware company Webstech Aps

Acquisition Highlights
  • This is TeleSense’s 1st transaction in the Technology Hardware sector.
  • This is TeleSense’s 1st transaction in Denmark.

M&A Deal Summary

Date 2019-04-15
Target Webstech Aps
Sector Technology Hardware
Buyer(s) TeleSense
Deal Type Add-on Acquisition

Target

Webstech Aps

Aarhus, Denmark
Webstech Aps develops, produces and sells wireless sensors which measure temperature and relative humidity. Webstech Aps products are used to monitor and ensure the security of biological products.

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Buyer(S) 1

Buyer

TeleSense

Sunnyvale, California, United States

Category Company
Founded 2013
Sector Technology Hardware
DESCRIPTION

TeleSense is a provider of Industrial IoT, real-time environmental monitoring solutions for grain and food production, storage, and transport. TeleSense generates data to take optimized decisions, reduce labor and energy costs, increase operational efficiency, and reduce spoilage. TeleSense was founded in 2013 and is based in Sunnyvale, California.


DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2019 M&A 1 of 1