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M&A Deal Summary

Truphone Acquires Cellnetrix

On October 17, 2017, Truphone acquired information technology company Cellnetrix

Acquisition Highlights
  • This is Truphone’s 1st transaction in the Information Technology sector.
  • This is Truphone’s 1st transaction in Germany.

M&A Deal Summary
Date 2017-10-17
Target Cellnetrix
Sector Information Technology
Buyer(s) Truphone
Deal Type Add-on Acquisition

Target

Cellnetrix

Hamburg, Germany
Cellnetrix GmbH is a provider of an innovative secure embedded products. Cellnetrix was founded in 2006 and is based in Hamburg, Germany.

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Buyer(S) 1

Buyer

Truphone

London, United Kingdom
Category Company
Founded 2000
Sector Communications
DESCRIPTION

Truphone Ltd. is a global network and patented SIM technology powers connectivity on the move. The organisation developing and delivering game-changing products and services: the eSIM for all new Apple iPads available in 31 countries by the end of 2017; IoT solutions that already power connected cars; and global mobile call recording solutions that enable trading compliance for financial institutions.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-22 CoSwitched

Lisboa, Portugal

CoSwitched is an Internet of Things specialist start-up providing a management platform for connected machines, such as connected cars, asset trackers or smart meters. CoSwitched was established in 2014 and is based in Lisboa, Portugal.

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Mergr

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