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  6. Wireless Matrix Acquires Sapias

M&A Deal Summary

Wireless Matrix Acquires Sapias

On July 6, 2007, Wireless Matrix acquired software company Sapias

Acquisition Highlights
  • This is Wireless Matrix’s 1st transaction in the Software sector.
  • This is Wireless Matrix’s 1st transaction in the United States.
  • This is Wireless Matrix’s 1st transaction in California.

M&A Deal Summary
Date 2007-07-06
Target Sapias
Sector Software
Buyer(s) Wireless Matrix
Deal Type Add-on Acquisition

Target

Sapias

San Francisco, California, United States
Sapias delivers advanced web-enabled solutions for managing enterprise fleets, improving productivity, security, operating efficiency and customer satisfaction.

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Buyer(S) 1

Buyer

Wireless Matrix

Herndon, Virginia, United States
Category Company
Founded 1991
Sector Internet Software and Services
Employees111
Revenue 30M USD (2012)
DESCRIPTION

Wireless Matrix Corp., is a provider of fleet tracking applications and satellite communications services to the utility, oil and gas, rail and municipal verticals as well as to service fleets of large enterprise customers in North America.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
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