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Ublip Inc &
Numerex Corp
Update Date: 11/15/08
Date Announced: 10/10/08
Value (million $USD): 0.3 million U.S. Dollar
Status: Completed
TRANSACTION DETAILS
Date Announced10/10/08
Date Originally Announced10/10/08
FormatMergerAcquisition techniquesNot Applicable
AttitudeFriendlyAgencyn/a
Value0.3 million U.S. DollarAdvisor Feesn/a
SYNOPSIS
US - Numerex Corp acquired all the outstanding stock of Ublip Inc, a developer of Global Positioning System (GPS) tracking software, for $0.3 mil in cash and 0.4 mil in restricted common stock.
TARGET
NameUblip Inc
Industriesn/a
CityAddison
StateTX
NationUnited States
Incorporated inn/a
Public StatusPrivate
Business DescriptionUblip Inc, located in Addison, Texas, develops Global Positioning System (GPS) tracking software.
AdvisorsNULL
Target Salesn/a
ACQUIROR
NameNumerex Corp (NMRX)
IndustriesRadio & TV broadcasting & communications equipment; Prepackaged Software; Radiotelephone communications; Communications services, nec; Security systems services
CityAtlanta
StateGA
NationUnited States
Incorporated inPA
Public StatusPublic
Business DescriptionNumerex Corp, located in Atlanta, Georgia, manufactures fixed and mobile wireless data communications or the machine-to-machine (M2M) communications products. It provides device management integration services and sells third-party wireless radio modules. The company's brands include Uplink and Orbit One.
AdvisorsNULL
Acquiror Sales79.5 million U.S. Dollar
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