M&A Deal Summary

VideoRay Acquires Blue Ring Imaging

On October 4, 2023, VideoRay acquired information technology company Blue Ring Imaging

Acquisition Highlights
  • This is VideoRay’s 1st transaction in the Information Technology sector.
  • This is VideoRay’s 1st transaction in the United States.
  • This is VideoRay’s 1st transaction in Florida.

M&A Deal Summary

Date 2023-10-04
Target Blue Ring Imaging
Sector Information Technology
Buyer(s) VideoRay
Deal Type Add-on Acquisition

Target

Blue Ring Imaging

St. Petersburg, Florida, United States
Blue Ring Imaging provides 3D visualization, multi-view perception, and simulation for unmanned systems. Blue Ring Imaging was founded in 2019 and is based in St. Petersburg, Florida.

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Buyer(S) 1

Buyer

VideoRay

Pottstown, Pennsylvania, United States

Category Company
Founded 1999
Sector Electronics
DESCRIPTION

VideoRay is a durable modular platform built to handle heavy payloads and a wide array of sensors and tooling, and these systems can operate at significant depths for hours, days or even months at a time. VideoRay VideoRay was founded in 1999 and is based in Pottstown, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1