Announced
Completed
Financials
Tags
Acquisition
internet of things
Tender Offer
technology company
Auto Technology
Public
Single Bidder
Norway
Majority
Friendly
Cross Border
Completed
Synopsis
AKKA Technologies, a French manufacturing and engineering consulting company in the field of automotive technology, completed the acquisition of Data Respons, a full-service, independent technology company, for $416m. "The proposed acquisition of Data Respons, by AKKA, gives our team an increased potential for development and the two companies are definitively a good strategic match. We share the same values as well as a passion for innovation, as do AKKA. This transaction will create value for our customers and is an outstanding opportunity to showcase the talent of our fantastic employees, which is the heart, soul and value of our company," Kenneth Ragnvaldsen, Data Respons CEO.
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