Blackline Safety Acquires Wearable Technologies Ltd (Eleksen)

February 16, 2021

Blackline Safety Corp. acquired UK-based Wearable Technologies Ltd., which operates under the Eleksen brand, to expand its connected-worker portfolio into smart safety clothing and wearable hubs. The pre-revenue business brings a portfolio of over 40 patents and a cloud-connected platform; WTL will operate as a wholly owned Blackline subsidiary and Blackline said the deal accelerates its entry into commercial and light-industrial markets.

Buyers
Blackline Safety Corp.
Targets
Wearable Technologies Ltd. (Eleksen)
Industry
Manufacturing
Location
Leicestershire, United Kingdom
Transaction Type
Buyout

Explore More

Related Acquisitions

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.