5 Acquisitions of Companies in Austin

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Austin. 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 5 acquisitions that took place in Austin .

CognitiveScale acquired by Tecnotree

Details about the transaction:

Acquisition amount:

$6,000,000

Announcement:

11 December 2022

Details about the company:

A business AI platform is called CognitiveScale.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Artificial Intelligence, Big Data, Health Insurance, Information Services, Information Technology, Machine Learning, SaaS, Software

Details about the buyer:

A telecoms business called Tecnotree Corporation creates and provides messaging and pricing solutions for carriers.

Headquarter:

Espoo, Southern Finland, Finland

Where to find them:

CynergisTek acquired by Clearwater Compliance

Details about the transaction:

Acquisition amount:

$17,700,000

Announcement:

23 May 2022

Details about the company:

A cybersecurity and privacy consulting company is CynergisTek.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Health Care, Information Technology

Details about the buyer:

Leading supplier of cyber risk management and healthcare compliance solutions is Clearwater Compliance.

Headquarter:

Nashville, Tennessee, United States

Where to find them:

Datawrkz acquired by Nazara Technologies

Details about the transaction:

Acquisition amount:

$30,152,798

Announcement:

18 January 2022

Details about the company:

Since 2013, Independent Agencies and Mid-Market businesses have been collaborating with Datawrkz, a performance-driven digital advertising agency.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Advertising, Digital Marketing, Digital Media, Marketing

Details about the buyer:

The mobile material that Nazara Technologies creates includes games, themes, wallpapers, and multimedia.

Headquarter:

Mumbai, Maharashtra, India

Where to find them:

Uplogix acquired by Lantronix

Details about the transaction:

Acquisition amount:

$8,000,000

Announcement:

12 September 2022

Details about the company:

Control, connection, and security are all improved by the network monitoring and management solutions offered by Uplogix.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Enterprise Software, IT Management, Security

Details about the buyer:

An international supplier of intelligent IoT (Internet of Things) solutions is Lantronix.

Headquarter:

Irvine, California, United States

Where to find them:

ManyCam acquired by Paltalk

Details about the transaction:

Acquisition amount:

$2,700,000

Announcement:

9 June 2022

Details about the company:

With the help of the free webcam program ManyCam, you may concurrently utilize your camera for video chatting and live streaming on other platforms.

Headquarter:

Austin, Texas, United States

Where to find them:

Industry:

Apps, Information Technology, Messaging, Software, Video

Details about the buyer:

Users may converse by video, audio, and online chat on Paltalk, a community for video chat rooms.

Headquarter:

New York, New York, United States

Where to find them: