.
MergerLinks Header Logo

New Deal


Announced

Alpha Ori Technologies to merge with ZeroNorth.

Financials

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

Tags

Edit

Acquisition

Majority

Private

Domestic

Pending

Friendly

Single Bidder

Merger

Singapore

software development

it services

IT Services: Other

Synopsis

Edit

Alpha Ori Technologies, an IoT sensors and high frequency data company, agreed to merge with ZeroNorth, a multi-service technology platform. Financial terms were not disclosed. "I am delighted to be able to announce this agreement with Alpha Ori Technologies, which we truly believe represents the exciting next step in shipping’s digital and sustainability transformation. This is a strategic move that will not just benefit our customers, but the sector as a whole. It will enable us to serve the industry as its leading maritime optimisation provider of choice and underlines our commitment to bettering both profit and planet. It will accelerate our technology development, strengthen our innovative mindset, and enable us to continue to help our customers focus on profit and planet in an increasingly complex and volatile world," Søren Meyer, ZeroNorth CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US