Buyer for an embedded software development company in Europe

• Revenue: 15-100M EUR
• Employees: > 100
• EBITDA: > 5M Eur
• Location of the target: Europe
• Reason for acquisition: The company is a worldwide key player in embedded software development industry. It wants to grow its operations in Europe by doing acquisitions of another similar companies, therefore the management is open to speaking to interested sellers
• #CFIE ITB064

The company is one of the largest embedded software companies in the world with offices in Europe, China, US, Japan and India. It has a history of M&A deals and now it is looking to expand its business in Europe by doing an acquisition of a company that activates in IT industry and has expertise in embedded software development sector, IoT sector, smart vision or artificial intelligence sectors. The possible synergies the buyer will bring to the target will be global customer base and world leading embedded technology.

The company is a global provider of Intelligent Platform Technology delivering solutions and services for particular markets and industries such as smartphone, IoT, automotive and application development for various enterprises. Since its inception 10 years ago, the organization managed to grow very fast both organically and through acquisitions, realizing revenues of more than 200M Eur and employing more than 1000 people. It has expertise in operating systems such as Android, Linux, Windows and has an extensive portfolio of software and on-device AI technology solutions, the focus being to create innovative and high-quality smart devices.

With the rising demands for a larger connectivity between smart devices and the cloud, the company concentrates on mobile technology improvements and delivers leading smart phone solutions, technical consultancy and services. The smart phone solution is used for integrating hardware platforms and software OS on mobile phone, tablet and wearable devices such as smart watches and wearable projectors. The company’s mobile software capacities include all domains such as framework optimization, driver development & integration, security enhancement, carrier certification, rich UI design and application customization.

In IoT field, the company provides an open platform that brings together special resources such as content, application and cloud services in order to create an environment that allows IoT and smart devices prototype to be produced. The platform is a solution that contains the basic System on Module (SoM), OS, SDK and Algorithm and in the meantime it is offering development board and maker community service. Another platform, that supports mobile applications development, it meets consistent API standard for iOS/Android/WEB and uses cloud based collaborative technology to develop, test, release, manage and exploit full life cycle of mobile App. The technology used allows one-time coding and can support the deployment of diverse mobile intelligent terminals, the apps being able to adapt to various screen sizes, different resolutions and different operating systems.

The buyer is looking to acquire a company that operates in the same activity and has similar services and solutions such as:

• Smartphone: System differentiation, Automatic test, Hardware Design
• IoT: VR, POS, Robotics, Drone
• Smart Vehicle: IVI, Cockpit
• Application Development: Integrated Development Environment, Cloud Application Development, Application Management & Security Management, Service Integration System

• The buyer is a worldwide provider of embedded software development solutions
• The buyer has decided to enlarge its activities in Europe and is looking to buy another company with similar activities and products
• Target companies should be large and profitable