6 Acquisitions of Companies in the Product Design Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Product Design 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 6 acquisitions that took place in the Product Design industry.

Somo acquired by CI&T

Details about the transaction:

Acquisition amount:

$67,017,345

Announcement:

14 January 2022

Details about the company:

A premier digital product agency, Somo is a member of the CI&T family (NYSE: CINT) that delivers digital goals at speed and scale.

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Innovation Management, Mobile, Product Design, Software

Details about the buyer:

A partner in end-to-end digital transformation, CI&T is a digital expert.

Headquarter:

Campinas, Goias, Brazil

Where to find them:

Pega Medical acquired by OrthoPediatrics

Details about the transaction:

Acquisition amount:

$33,000,000

Announcement:

14 June 2022

Details about the company:

Pega Medical is a manufacturer that offers medical device design, development, testing, and manufacturing services.

Headquarter:

Laval, Quebec, Canada

Where to find them:

Industry:

Manufacturing, Medical Device, Product Design

Details about the buyer:

A medical device firm called OrthoPediatrics creates and produces orthopedic implants for pediatric orthopedic surgeons.

Headquarter:

Warsaw, Indiana, United States

Where to find them:

Shape acquired by Alpha Metaverse Technologies Inc

Details about the transaction:

Acquisition amount:

$1,000,000

Announcement:

24 January 2022

Details about the company:

For the retail and e-commerce industries, Shape offers 3D creation, consultancy, marketing, augmented reality, and app development services.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

Industry:

Consulting, E-Commerce, Information Technology, Internet, Product Design

Details about the buyer:

Mobile, SaaS, Social Network, and Skill-Based Gaming Platform

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

Sierra Design Automation acquired by Mentor Graphics

Details about the transaction:

Acquisition amount:

$100,000,000

Announcement:

11 June 2007

Details about the company:

For the semiconductor sector, Sierra Design Automation offers IC implementation system solutions.

Headquarter:

Santa Clara, California, United States

Where to find them:

Industry:

Manufacturing, Product Design, Semiconductor, Service Industry

Details about the buyer:

Software and hardware design solutions are offered by Mentor Graphics, a company that specializes in electronic design automation.

Headquarter:

Wilsonville, Oregon, United States

Where to find them:

Swiss Aqua Technologies acquired by Siko

Details about the transaction:

Acquisition amount:

$7,054,906

Announcement:

16 June 2021

Details about the company:

Swiss Aqua Technologies is a producer and developer of devices that improve water quality and allow for water conservation.

Headquarter:

Cham, Zug, Switzerland

Where to find them:

Industry:

Home and Garden, Manufacturing, Product Design, Water Purification

Details about the buyer:

A variety of kitchen cabinets, tiles, moldings, bathroom accessories, and sanitary items are available at the online store Siko.

Headquarter:

Bratislava, Bratislava, Slovakia (Slovak Republic)

Where to find them:

Extend It Resource acquired by Beryl8

Details about the transaction:

Acquisition amount:

$17,870,279

Announcement:

16 May 2022

Details about the company:

Extend It Resource provides software solutions, product development, consulting, and outsourcing for the IT industry.

Headquarter:

Bangkok, Krung Thep, Thailand

Where to find them:

Industry:

Consulting, Information Technology, Outsourcing, Product Design, Software

Details about the buyer:

The only Salesforce Platinum Partner in Asia is Beryl8.

Headquarter:

Huai Khwang, Krung Thep, Thailand

Where to find them: