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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