2 Acquisitions of Companies in Stuttgart

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Stuttgart. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in Stuttgart .

Axivion acquired by The Qt Company

Details about the transaction:

Acquisition amount:

$33,017,739

Announcement:

11 August 2022

Details about the company:

Innovative static code analysis and software architecture verification tools are created by Axivion to enhance the quality and maintainability of software.

Headquarter:

Stuttgart, Baden-Wurttemberg, Germany

Where to find them:

Industry:

Computer, Software

Details about the buyer:

Development, productization, and licensing of Qt under proprietary and open-source licenses are all handled by the Qt Company.

Headquarter:

Oslo, Oslo, Norway

Where to find them:

oddity acquired by WONGDOODY

Details about the transaction:

Acquisition amount:

$55,146,856

Announcement:

22 March 2022

Details about the company:

Oddity is a digital communication and commerce firm with a focus on offering solutions for the digital ecosystem.

Headquarter:

Stuttgart, Baden-Wurttemberg, Germany

Where to find them:

Industry:

Content Marketing, CRM, E-Commerce, Internet, Social Media

Details about the buyer:

A marketing and advertising firm called WONGDOODY provides marketing and advertising services.

Headquarter:

Seattle, Washington, United States

Where to find them: