M&A Deal Summary

Video River Networks Acquires Drone Guarder

On July 15, 2021, Video River Networks acquired safety/security company Drone Guarder

Acquisition Highlights
  • This is Video River Networks’ 1st transaction in the Safety/Security sector.
  • This is Video River Networks’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-07-15
Target Drone Guarder
Sector Safety/Security
Buyer(s) Video River Networks
Deal Type Add-on Acquisition

Target

Drone Guarder

London, United Kingdom
Drone Guarder is a security and surveillance company that focuses on commercializing a drone and AI technology-enhanced home security system as a turnkey solution locally and internationally. Drone Guarder was founded in 2012 and is based in London.

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Buyer(S) 1

Buyer

Video River Networks

Torrance, California, United States

Category Company
Founded 1984
Sector Diversified
Revenue 4M USD (2022)
DESCRIPTION

Video River Networks is an electric vehicles and battery technology holding company that operates and manages a portfolio of electric vehicles, artificial intelligence, machine learning, and robotics ("EV-AI-ML-R") assets, businesses, and operations in North America. Video River Networks was founded in 1984 and is based in Torrance, California.


DEAL STATS #
Overall 1 of 1
Sector: Safety/Security M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1