.
MergerLinks Header Logo

New Deal


Announced

Scope to acquire WakingApp.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Software

Pending

application software

Israel

Private

Friendly

Acquisition

Majority

Single Bidder

Synopsis

Edit

Scope, a provider of augmented reality solutions, agreed to acquire WakingApp, an augmented reality toolset company. Financial terms were not disclosed. With this acquisition, six of the founding members of the WakingApp team will remain with the company and bring additional resources and expertise for developing the next generation of Scope's augmented reality knowledge platform, WorkLink. "We're extremely pleased with the growth we've seen to date of enterprises adopting AR. With that growth comes more knowledge of what our customers need to successfully build AR into their business. The WakingApp team brings a great mix of AR development experience and creative thinking to Scope AR as we continue to evolve our WorkLink platform to meet our customers' current and future needs," Scott Montgomerie, Scope CEO and co-founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US