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  6. TruePosition Acquires Intellectual Property /Rosum /

M&A Deal Summary

TruePosition Acquires Intellectual Property /Rosum /

On September 8, 2011, TruePosition acquired communications company Intellectual Property /Rosum / from Rosum

Acquisition Highlights
  • This is TruePosition’s 1st transaction in the Communications sector.
  • This is TruePosition’s 1st transaction in the United States.
  • This is TruePosition’s 1st transaction in California.

M&A Deal Summary
Date 2011-09-08
Target Intellectual Property /Rosum /
Sector Communications
Buyer(s) TruePosition
Sellers(s) Rosum
Deal Type Divestiture

Target

Intellectual Property /Rosum /

Mountain View, California, United States
Rosum Corporation, which was a former Frost & Sullivan Technology of the Year awardee and a Red Herring 100 Technology company, formerly developed high-accuracy wireless location solutions using television signals. Over a number of years it developed an extensive portfolio consisting of 28 U.S. patents and nine international patents.

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Buyer(S) 1

Buyer

TruePosition

Berwyn, Pennsylvania, United States
Category Company
Founded 1992
Sector Communications
DESCRIPTION

TruePosition is the global leader in location determination and intelligence solutions that help protect citizens, combat crime, and save lives.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Rosum

Mountain View, California, United States
Category Company
Founded 2000
Sector Communications
DESCRIPTION

Rosum Corporation designs, builds, and markets chipset, software, and hardware components.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1
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