M&A Deal Summary

Vigilent Acquires SynapSense

On May 3, 2023, Vigilent acquired electrical equipment company SynapSense from Panduit

Acquisition Highlights
  • This is Vigilent’s 1st transaction in the Electrical Equipment sector.
  • This is Vigilent’s 1st transaction in the United States.
  • This is Vigilent’s 1st transaction in California.

M&A Deal Summary

Date 2023-05-03
Target SynapSense
Sector Electrical Equipment
Buyer(s) Vigilent
Sellers(s) Panduit
Deal Type Divestiture

Target

SynapSense

Folsom, California, United States
SynapSense specializes in secure wireless mesh networking technology, airflow optimization services and cooling control for data centers. SynapSense was founded in 2006 and is based in Folsom, California.

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Buyer(S) 1

Buyer

Vigilent

Oakland, California, United States

Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Vigilent is a provider of IoT and artificial intelligence to deliver dynamic cooling management in mission-critical environments. Vigilent increases reliability, unlocks stranded capacity, reduces operating costs and cuts carbon emissions in hundreds of data center and telecom facilities worldwide. Vigilent was founded in 2008 and is based in Oakland, California.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Panduit

Tinley Park, Illinois, United States

Category Company
Founded 1953
Sector Electrical Equipment
DESCRIPTION

Panduit Corp. provides electrical equipment services in US.


DEAL STATS #
Overall 1 of 1
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-21 Atlona

San Jose, California, United States

Atlona, Inc. is an AV manufacturer. Atlona designs and develops products for a diverse range of commercial and residential AV and IT markets worldwide, including education, business, government, entertainment, and healthcare. Atlona, Inc. was founded in 2003 and is based in San Jose, California.

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