Spiridon Technologies Acquires Tantiv4 Inc.
May 24, 2019
Spiridon Technologies Ltd., a Toronto-based consolidator of IoT technology providers, has acquired Tantiv4 Inc. in a cash-and-share transaction. Concurrently, Toronto investor Flow Capital provided growth financing to support Tantiv4’s expansion of its voice-enabled IoT cloud and edge platform, which has a new OEM agreement in Japan expected to generate recurring license and service revenues.
- Buyers
- Spiridon Technologies Ltd., Flow Capital
- Targets
- Tantiv4 Inc.
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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