Acquiring Company
Advantech Group
Acquired Company
AURES Group
Taiwan
Ile De FranceInformation TechnologySoftwareIndustrial AutomationArtificial IntelligenceDescription
Advantech Group, together with Patrick Cathala, has entered into exclusive negotiations with AURES Group to provide funding and potentially acquire a block of shares followed by a mandatory cash tender offer. The proposed transaction aims to empower AURES Group with the resources needed to reach new levels and realize its ambitions, leveraging the strengths and capabilities of both companies.
Quick answer
Advantech Group is acquiring AURES Group, announced April 22, 2024. Advantech Group is based in Taiwan.
- How much did Advantech Group pay for AURES Group?
- The deal value was not disclosed.
- What does Advantech Group do?
- Advantech, founded in 1983 and based in Taipei, Taiwan, is a global leader in embedded and automation products and solutions.
- Where are Advantech Group and AURES Group based?
- Advantech Group is based in Taiwan. AURES Group is based in Ile De France, France.
- Who are the decision-makers at Advantech Group?
- Fundz holds 2 contacts at Advantech Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Advantech Group, and when
When Advantech Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Advantech Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Advantech Group, from your own LinkedIn network
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Frequently asked
Who acquired AURES Group?
AURES Group was acquired by Advantech Group, based in Taiwan. The deal was reported on April 22, 2024. Advantech, founded in 1983 and based in Taipei, Taiwan, is a global leader in embedded and automation products and solutions. Advantech Group is privately held and operates in Information Technology.
When did Advantech Group acquire AURES Group?
Advantech Group's acquisition of AURES Group was reported on April 22, 2024. Advantech Group, together with Patrick Cathala, has entered into exclusive negotiations with AURES Group to provide funding and potentially acquire a block of shares followed by a mandatory cash tender offer. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AURES Group do?
AURES Group is a leading provider of innovative and differentiated design solutions. It is privately held, operating in Artificial Intelligence, and is based in Ile De France.
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