Google Acquires Raxium

Mobix Labs Acquires RaGE Systems

May 9, 2024

Manufacturing

Mobix Labs, Inc. (Nasdaq: MOBX) signed a definitive agreement to acquire RaGE Systems, Inc., a Massachusetts-based radio frequency design and contract manufacturing firm, in a deal consisting of approximately $2.0M cash, $10.0M in stock and up to $8.0M in potential earn-outs. The acquisition is intended to expand Mobix Labs' RF and mmWave design and manufacturing capabilities, accelerate product development for 5G/mmWave and related markets, and immediately contribute to revenue and EPS; the deal is expected to close in May 2024.

Hexagon AB Acquires Romax Technology Limited

February 28, 2020

Software

Hexagon AB agreed to acquire Romax Technology Limited, a Nottingham-headquartered provider of CAE software and MBSE solutions for electromechanical drivetrain design and simulation. Romax will join Hexagon’s Manufacturing Intelligence division to expand Hexagon’s simulation, electrification and smart factory capabilities.

Invixium Acquires Triax Technologies

July 17, 2024

Industrial Services

Invixium, a Toronto-based biometric access control and workforce management provider, has acquired US-based Triax Technologies to add AI-based RTLS and connected-worker capabilities to its product portfolio. The acquisition expands Invixium's offering beyond entry-point access control into site-level safety, productivity and asset-tracking solutions for industrial and critical-infrastructure customers; financial terms were not disclosed.

Luxium Solutions Acquires Inrad Optics

April 9, 2024

Manufacturing

Luxium Solutions, an affiliate of private equity firms SK Capital Partners and Edgewater Capital Partners, acquired Inrad Optics in an all-cash transaction valued at approximately $19 million (including assumed debt) and $1.10 per share. The deal, completed July 2, 2024, makes Inrad a privately held, U.S.-controlled business and is intended to expand Luxium's optics and photonics manufacturing capabilities and capacity.

OneMagnify Acquires RXA to Expand Data Science and AI Capabilities

May 11, 2023

Data & Analytics

OneMagnify, a Crestview Partners-backed marketing and data solutions provider, has acquired RXA, an Ann Arbor-based data analytics and AI firm. The add-on acquisition is intended to expand OneMagnify's data science, analytics and AI capabilities and integrate RXA's team into OneMagnify's analytics and marketing offerings; financial terms were not disclosed.

Kinaxis Acquires AI-based Retail Demand Planning Provider Rubikloud

June 15, 2020

AI & Machine Learning

Kinaxis Inc. has signed a definitive agreement to acquire Toronto-based Rubikloud for US$60 million in an all-cash transaction. The acquisition brings Rubikloud’s AI/ML-driven demand forecasting and promotion optimization SaaS capabilities (and ~80 employees) into Kinaxis’s RapidResponse platform to expand its demand-planning capabilities and accelerate entry into the enterprise retail and CPG markets.