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SaverOne 2014 Ltd. Announces Strategic Acquisition of Micronet Ltd.'s Generation-3 Camera IP to Expand Product Line

PUBLIC · SVREAug 27, 2024

Acquiring Company

SaverOne 2014 Ltd

Acquired Company

Micronet Ltd

Petah TikvaRosh HaAyinManufacturingAutomotiveManufacturingSecurity

Description

SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced the strategic acquisition of Micronet Ltd.’s Generation-3 camera products and intellectual property (IP). This acquisition is in line with SaverOne's strategy to broaden its product offerings and solutions for customers, with the potential for future revenue growth.

Quick answer

SaverOne 2014 Ltd is acquiring Micronet Ltd, announced August 27, 2024. SaverOne 2014 Ltd is based in Petah Tikva, Center District, Israel.

How much did SaverOne 2014 Ltd pay for Micronet Ltd?
The deal value was not disclosed.
What does SaverOne 2014 Ltd do?
SaverOne is the only system in the world that prevents cell phone distractions while driving.
Where are SaverOne 2014 Ltd and Micronet Ltd based?
SaverOne 2014 Ltd is based in Petah Tikva, Center District, Israel. Micronet Ltd is based in Rosh HaAyin, Tel Aviv District, Israel.
Who are the decision-makers at SaverOne 2014 Ltd?
Fundz holds 1 contact at SaverOne 2014 Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

SaverOne 2014 Ltd

Location

Petah Tikva, Center District, Israel

About

SaverOne is the only system in the world that prevents cell phone distractions while driving.

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Frequently asked

Who acquired Micronet Ltd?

Micronet Ltd was acquired by SaverOne 2014 Ltd, based in Petah Tikva. The deal was reported on August 27, 2024. SaverOne is the only system in the world that prevents cell phone distractions while driving. SaverOne 2014 Ltd is publicly traded (SVRE) and operates in Manufacturing.

When did SaverOne 2014 Ltd acquire Micronet Ltd?

SaverOne 2014 Ltd's acquisition of Micronet Ltd was reported on August 27, 2024. SaverOne 2014 Ltd., a technology company specializing in transportation safety solutions, has announced the strategic acquisition of Micronet Ltd.’s Generation-3 camera products and intellectual property (IP). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Micronet Ltd do?

Micronet has more than four decades of experience in the development, manufacture and marketing of mobile computing platforms for integration into fleet management and mobile workforce management solutions. It is privately held, operating in Manufacturing, and is based in Rosh HaAyin.

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