Tecum Capital Management, Onward Capital LLC and Midwest Mezzanine Funds acquired Connecticut Electric Inc.
Connecticut Electric Inc. designs, manufactures, and distributes specialty electrical components primarily for use in homes.
Mergers & Acquisitions
Foulk Consulting Services agreed to acquire Professional Services and Value-Added Reseller businesses of StreamWeaver.
Professional Services and Value-Added Reseller Businesses of StreamWeaver comprises value added reseller business.
Brisio Innovations Inc. signed a definitive share purchase agreement to acquire NameSilo, LLC.
NameSilo, LLC provides domain name registration and management services.
Rivetz Corp. acquired the assets of CyberDeadbolt.
Assets of CyberDeadbolt develops software for account recovery, recovered device unlocking and verified multi-user access intent.
Tofane Global reached an agreement to acquire iBasis, Inc.
iBasis, Inc., a voice carrier, provides voice termination and data services for fixed and mobile operators, and OTT and voice-over-broadband service providers worldwide.
Conga entered into an agreement to acquire Octiv, Inc.
Octiv, Inc. designs and develops a cloud-based sales productivity platform to create efficiencies in process workflows for creating and managing sales presentations, proposals, and contracts.
Centric Telecom, Inc. acquired PTI Communications.
PTI Communications provides VoIP communication solutions, peripheral equipment, and fiber cable infrastructure installation services.
CyberArk Software Ltd. acquired all assets of Vaultive, Inc.
All Assets of Vaultive, Inc. comprises cloud data encryption solutions.
S&P Global Inc. signed an agreement to acquire remaining 97.46% stake in Kensho Technologies Inc.
Kensho Technologies, Inc. provides analytics, artificial intelligence, machine learning, and data visualization systems to global banks and investment institutions.
Cree, Inc. acquired radio frequency power business from Infineon Technologies AG.
Radio Frequency Power Business of Infineon Technologies AG manufactures transistors and monolithic microwave integrated circuits for wireless infrastructure radio frequency power amplifiers based on both LDMOS and gallium nitride on silicon carbide technologies.