M&A Deal Summary

XTI Aerospace Acquires AirPatrol

On January 6, 2014, XTI Aerospace acquired software company AirPatrol for 30M USD

Acquisition Highlights
  • This is XTI Aerospace’s 1st transaction in the Software sector.
  • This is XTI Aerospace’s largest (disclosed) transaction.
  • This is XTI Aerospace’s 2nd transaction in the United States.
  • This is XTI Aerospace’s 1st transaction in Maryland.

M&A Deal Summary
Date 2014-01-06
Target AirPatrol
Sector Software
Buyer(s) XTI Aerospace
Deal Type Add-on Acquisition
Deal Value 30M USD
Advisor(s) AGC Partners (Financial)

Target

AirPatrol

Maple Lawn, Maryland, United States
AirPatrol is a developer of mobile device identification and locationing systems. Its flagship product, ZoneDefense, is a security platform for wireless and cellular networks that can detect, monitor and manage the behavior of smartphones, tablets, laptops and other mobile devices based on their location.

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Buyer(S) 1

Buyer

XTI Aerospace

Englewood, Colorado, United States
Category Company
Founded 2012
Sector Information Technology
Employees210
Revenue 4M USD (2023)
DESCRIPTION

XTI Aerospace is an innovator of indoor intelligence, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company’s indoor intelligence and industrial real-time location system (RTLS) technology are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. XTI Aerospace was founded in 2012 and is based in Englewood, Colorado.

DEAL STATS #
Overall 2 of 8
Sector (Software) 1 of 4
Type (Add-on Acquisition) 2 of 6
State (Maryland) 1 of 1
Country (United States) 2 of 7
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-22 Lilien

Larkspur, California, United States

Lilien LLC is a provider of people, process and technology to develop and implement the infrastructure for mission-critical enterprises. Their goal is to provide innovative solutions that enable customers to solve the most complex and important IT challenges and objectives while driving the greatest business value.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-30 LightMiner Systems

Palo Alto, California, United States

LightMiner Systems, Inc. is an intellectual property related to its high-speed database management system. The entire software and hardware stack has been designed from the ground up to bring you the most performant data appliance.

Buy -
Mergr

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