Phunware Acquires Lyte Technology
September 13, 2021
Phunware, Inc. has executed a definitive agreement to acquire Lyte Technology in a transaction valuing up to $10.32 million in cash and stock (approximately $3.32M cash at closing with the remainder subject to time- and performance-based earnouts). The acquisition brings Lyte’s custom high-end computer systems business, team and distribution network into Phunware to support its blockchain initiatives and scale device-based infrastructure.
- Buyers
- Phunware, Inc.
- Targets
- Lyte Technology
- Industry
- Consumer Products
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Highlander Partners Acquires Liteye Systems
November 28, 2022
Aerospace & Defense
Highlander Partners, through its newly formed High Point Aerotechnologies division, acquired Liteye Systems, a U.S.-based developer and integrator of counter-unmanned aircraft systems (C-UAS). The transaction marks the first investment by High Point as Highlander pursues a buy-and-build strategy to create a platform in the C-UAS/UAS and related defense markets to support government and military customers.
-
PharmaCyte Biotech Increases Stake in TNF Pharmaceuticals
September 2, 2025
Pharmaceuticals
PharmaCyte Biotech, Inc. increased its equity stake in TNF Pharmaceuticals, Inc. by $3.0 million to support TNF's recent license agreement with LightSolver for a light-based compute accelerator intended for cryptocurrency and blockchain applications. The investment is positioned to help TNF execute a strategic pivot tied to the new license; PharmaCyte said it remains well-capitalized and may pursue further portfolio opportunities.
-
Carrier Global Acquires Nlyte Software
September 22, 2021
Software
Carrier Global Corporation has signed an agreement to acquire Nlyte Software, a leader in data center infrastructure management (DCIM) software. Nlyte will join Carrier’s Automated Logic Corporation within the HVAC segment to expand Carrier’s data center capabilities, integrate DCIM with building automation, and increase recurring revenues.
-
Microtec Acquires Lucidyne Technologies
March 7, 2020
Manufacturing
Microtec, the Italy-based leader in lumber scanning and optimization systems, has acquired Lucidyne Technologies, Inc., a Corvallis, Oregon-based manufacturer of AI-enabled computer vision, scanning and automation technologies for the forest products industry. The acquisition combines Lucidyne’s Perceptive Sight deep-learning AI with Microtec’s broad product range to create an integrated, mill‑wide lumber scanning solution and expand both companies’ product lines and geographic reach.
-
GTY Technology Acquires Ion Wave Technologies
January 19, 2023
Cloud & SaaS
GTY Technology Holdings Inc. has acquired Ion Wave Technologies to complement GTY's existing eProcurement offerings (Bonfire and DemandStar) and expand into K-12 special education with Ion Wave's SpedTrack product. The deal will combine Ion Wave with GTY's Bonfire business to broaden GTY's public sector SaaS footprint and supplier-buyer network across North America.
-
Forte Acquires N3TWORK's Technology Platform
January 13, 2022
Software
Forte, a blockchain platform provider for game publishers, has acquired N3TWORK's technology platform and platform team. As part of the deal, N3TWORK's games teams will form a new independent studio (N3TWORK Studios) while N3TWORK founder Neil Young joins Forte to lead its Games Industry business unit, accelerating Forte's blockchain gaming capabilities.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.