Announced
Completed
Financials
Sources
Tags
Single Bidder
Minority
Switzerland
Acquisition
barcode scanning
Software
Friendly
Private
Completed
Cross Border
Private Equity
Venture Capital
smart data
Synopsis
Warburg Pincus, a private equity firm, led a $150m Series D financing round in Scandit, a Swiss barcode scanning firm, with participation from Atomico, Forestay Capital, G2VP, GV, Kreos, NGP Capital, Schneider Electric, Sony Innovation Fund and Swisscom Ventures. "We see a huge amount of long-term potential as the market for smart data capture is in its infancy and Scandit is the market leader," Flavio Porciani, Warburg Pincus Managing Director.
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