15 Acquisitions of Companies in the Hardware Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Hardware industry always make headlines! Especially since related 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 15 acquisitions that took place in the Hardware industry.

Darshana Industries acquired by Southco

Details about the transaction:

Acquisition amount:

$50,000,000

Announcement:

27 May 2022

Details about the company:

Darshana Industries produces mechanical parts such support arm systems, hinges, and handles for access hardware.

Headquarter:

Pune, Maharashtra, India

Where to find them:

Industry:

Hardware, Machinery Manufacturing, Manufacturing

Details about the buyer:

Southco is a maker of specialist pipes for Pennsylvania's expanding oil sector.

Headquarter:

Concordville, Pennsylvania, United States

Where to find them:

Entone Technologies acquired by Aferian

Details about the transaction:

Acquisition amount:

$73,000,000

Announcement:

21 July 2015

Details about the company:

Entone Technologies offers integration-friendly solutions for TV, whole-home DVR, web media services, media sharing, and location-based services.

Headquarter:

Cupertino, California, United States

Where to find them:

Industry:

Hardware, Media and Entertainment, Software

Details about the buyer:

The IPTV solutions company Aferian links individuals to the content they like.

Headquarter:

Cambridge, Cambridgeshire, United Kingdom

Where to find them:

Handheld acquired by Mildef AB

Details about the transaction:

Acquisition amount:

$33,070,058

Announcement:

11 September 2022

Details about the company:

Manufacturer of tough mobile computers is Handheld.

Headquarter:

Lidköping, Vastra Gotaland, Sweden

Where to find them:

Industry:

Hardware, Manufacturing

Details about the buyer:

One of the MilDef Group's companies is MilDef Systems AB.

Headquarter:

Helsingborg, Skane Lan, Sweden

Where to find them:

E-Mantech acquired by Yachuang Electronics Group

Details about the transaction:

Acquisition amount:

$18,344,979

Announcement:

9 January 2022

Details about the company:

E-Mantech is a wholesaler of electronic components and a supplier of Internet of Things solutions.

Headquarter:

Shenzhen, Guangdong, China

Where to find them:

Industry:

Automotive, Electronics, Hardware, Internet of Things, Sales, Telecommunications

Details about the buyer:

Vehicle active and passive parts are distributed by TEXIN. They also offer navigation and entertainment systems for vehicles.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

NAeS Solutions acquired by FOS

Details about the transaction:

Acquisition amount:

$4,286,331

Announcement:

27 July 2022

Details about the company:

Data centers, network infrastructure, building automation and Domotics, as well as physical building security, are all provided by NAeS solutions.

Headquarter:

Milano, Lombardia, Italy

Where to find them:

Industry:

Data Center, Information Technology, Network Hardware, Network Security, Software

Details about the buyer:

FOS offers a variety of services, including telecom, infrastructure outsourcing, software development, and system integration.

Headquarter:

Genova, Liguria, Italy

Where to find them:

Nuera Communications acquired by AudioCodes

Details about the transaction:

Acquisition amount:

$85,000,000

Announcement:

16 May 2006

Details about the company:

Voice over Packet (VoP) technology and Voice Network solutions are offered by Nuera Communications.

Headquarter:

Somerset, New Jersey, United States

Where to find them:

Industry:

Network Hardware, VoIP

Details about the buyer:

Advanced Voice over IP and converged VoIP and Data networking solutions and applications are designed, manufactured, and sold by AudioCodes.

Headquarter:

Lod, HaMerkaz, Israel

Where to find them:

SectorQube acquired by Open App

Details about the transaction:

Acquisition amount:

$2,325,519

Announcement:

5 May 2022

Details about the company:

SectorQube offers a comprehensive range of IT services, corporate solutions, consulting, and consumer electronics.

Headquarter:

Kochi, Kerala, India

Where to find them:

Industry:

Consulting, Consumer Electronics, Embedded Systems, Hardware, Information Technology, Software

Details about the buyer:

a Bangalore-based startup that manufactures business-grade smart locks.

Headquarter:

Bangalore, Karnataka, India

Where to find them:

Ultratec acquired by Restore plc

Details about the transaction:

Acquisition amount:

$11,748,781

Announcement:

3 May 2022

Details about the company:

Ultratec is aware of the importance of data. Any business depends on information, therefore keeping that information secure is crucial.

Headquarter:

Stevenage, Herefordshire, United Kingdom

Where to find them:

Industry:

Data Storage, Hardware, Information Technology

Details about the buyer:

Commercial relationships, IT, document management, shredding, and scanning services are offered by Restore plc.

Headquarter:

London, England, United Kingdom

Where to find them:

WhiteCanyon Software acquired by Blancco Oy

Details about the transaction:

Acquisition amount:

$10,000,000

Announcement:

9 June 2022

Details about the company:

Leading provider of permanent deletion technology for safely wiping HDD, SSD, and NVMe devices is WhiteCanyon Software.

Headquarter:

American Fork, Utah, United States

Where to find them:

Industry:

Cyber Security, Hardware, Information Technology, Internet, Privacy, Security, Software

Details about the buyer:

Data erasure software for the financial, banking, data center, healthcare, military, and governmental sectors is offered by Blancco Oy.

Headquarter:

Joensuu, Eastern Finland, Finland

Where to find them:

NanoAvionics acquired by Kongsberg Defence & Aerospace

Details about the transaction:

Acquisition amount:

$66,668,992

Announcement:

5 July 2022

Details about the company:

There are now five offices for NanoAvionics, a smallsat bus maker and mission integrator, in the US, the UK, and LT.

Headquarter:

Columbia, Illinois, United States

Where to find them:

Industry:

Aerospace, Communication Hardware, Consumer Electronics, Electronics, Hardware, Industrial Engineering, Internet of Things, Manufacturing, Satellite Communication

Details about the buyer:

A leading provider of systems and solutions for the defense and aerospace industries is Kongsberg Defence & Aerospace.

Headquarter:

Kongsberg, Buskerud, Norway

Where to find them:

Livescribe acquired by Anoto Group

Details about the transaction:

Acquisition amount:

$15,000,000

Announcement:

6 November 2015

Details about the company:

Our goal is to improve our clients' businesses by offering the best training, knowledge, and support services imaginable.

Headquarter:

Oakland, California, United States

Where to find them:

Industry:

Content Syndication, Enterprise Software, Hardware

Details about the buyer:

The digital pen and paper technology developed by Anoto Group, a global leader, offers quick and accurate data capture.

Headquarter:

Lund, Skane Lan, Sweden

Where to find them:

Ecoverse Industries acquired by Alta Equipment Group

Details about the transaction:

Acquisition amount:

$51,000,000

Announcement:

18 October 2022

Details about the company:

Ecoverse Industries offers a wide selection of environmentally friendly processing solutions with an emphasis on effectiveness and quality.

Headquarter:

Avon, Ohio, United States

Where to find them:

Industry:

Environmental Engineering, Hardware, Wholesale

Details about the buyer:

Heavy construction equipment, warehousing solutions, and industrial forklifts are all offered by Alta Equipment Group.

Headquarter:

Livonia, Michigan, United States

Where to find them:

Nestor Cables acquired by Clearfield

Details about the transaction:

Acquisition amount:

$23,000,000

Announcement:

19 May 2022

Details about the company:

For information and communication networks, Nestor Cables provides cables and connecting devices.

Headquarter:

Oulu, Oulu, Finland

Where to find them:

Industry:

Communication Hardware, Manufacturing, Telecommunications

Details about the buyer:

When it comes to the management, management, distribution, and preservation of fiber.

Headquarter:

Plymouth, Minnesota, United States

Where to find them:

Wellbeats acquired by LifeSpeak

Details about the transaction:

Acquisition amount:

$92,500,000

Announcement:

14 February 2022

Details about the company:

The leading provider of virtual group exercise programming, delivery, and engagement solutions is WELLBEATS.

Headquarter:

Maple Grove, Minnesota, United States

Where to find them:

Industry:

Hardware, Software

Details about the buyer:

A new company called LifeSpeak educates workers about their mental health and fitness.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

TinyTap acquired by Animoca Brands

Details about the transaction:

Acquisition amount:

$38,900,000

Announcement:

16 June 2022

Details about the company:

Learners get access to the greatest collection of educational games created by teachers throughout the globe through TinyTap.

Headquarter:

Tel Aviv, Tel Aviv, Israel

Where to find them:

Industry:

Apps, EdTech, Education, Hardware, iOS, Photography

Details about the buyer:

To support the development of the open metaverse, Animoca Brands works on advancing digital property rights through NFTs and gaming.

Headquarter:

Cyberport, Hong Kong Island, Hong Kong

Where to find them: