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  6. Vaisala Acquires 3TIER

M&A Deal Summary

Vaisala Acquires 3TIER

On December 17, 2013, Vaisala acquired information services company 3TIER for 15M USD

Acquisition Highlights
  • This is Vaisala’s 1st transaction in the Information Services sector.
  • This is Vaisala’s 2nd largest (disclosed) transaction.
  • This is Vaisala’s 1st transaction in the United States.
  • This is Vaisala’s 1st transaction in Washington.

M&A Deal Summary
Date 2013-12-17
Target 3TIER
Sector Information Services
Buyer(s) Vaisala
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

3TIER

Seattle, Washington, United States
3TIER provides project feasibility, asset management and forecasting services to companies operating in the renewable energy market globally. While the majority of 3TIER's business comes from the wind energy market, the company also serves customers in the solar and hydro energy markets. 3TIER was formed in 1999 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Vaisala

Vantaa, Finland
Category Company
Founded 1936
Sector Test/Measurement Equipment
Employees2,535
Revenue 565M EUR (2024)
DESCRIPTION

Vaisala is engaged in the environmental and industrial measurement business. Vaisala was founded in 1936 and is based in Vantaa, Finland.

DEAL STATS #
Overall 1 of 5
Sector: Information Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 4
State: Washington M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2013 M&A 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 Leosphere

Orsay, France

Leosphere is a high-tech company located in Paris Region with a focus on atmospheric LIDAR sensing. Leosphere was founded in 2004 and is based in Orsay, France.

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