Acquiring Company
Canarys
Acquired Company
Fortira
Description
Canarys Automations Limited has successfully acquired a 51% stake in Fortira Inc., marking a significant milestone in its North American expansion. The deal, valued at USD 5 million, aims to enhance Canarys' capabilities in AI and ML. Canarys plans to acquire the remaining 49% stake over the next three years. This acquisition is aligned with Canarys' vision to be a leading global technology solutions provider.
Quick answer
Canarys is acquiring Fortira, announced April 22, 2025. Canarys is based in Bengaluru, Karnataka, India.
- How much did Canarys pay for Fortira?
- The deal value was not disclosed.
- What does Canarys do?
- Canarys is a leading IT solutions provider with over 30 years of existence in the industry.
- Where are Canarys and Fortira based?
- Canarys is based in Bengaluru, Karnataka, India. Fortira is based in Princeton, New Jersey, United States.
- Who are the decision-makers at Canarys?
- Fundz holds 1 contact at Canarys. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Canarys, and when
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Frequently asked
Who acquired Fortira?
Fortira was acquired by Canarys, based in Bengaluru. The deal was reported on April 22, 2025. Canarys is a leading IT solutions provider with over 30 years of existence in the industry. Canarys is privately held and operates in Software.
When did Canarys acquire Fortira?
Canarys's acquisition of Fortira was reported on April 22, 2025. Canarys Automations Limited has successfully acquired a 51% stake in Fortira Inc., marking a significant milestone in its North American expansion. The deal, valued at USD 5 million, aims to enhance Canarys' capabilities in AI and ML. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fortira do?
Fortira Inc. specializes in Artificial Intelligence, Machine Learning, and data-driven technologies. Founded by industry veterans, Fortira has over 15 years of experience in delivering solutions to enterprise clients. It is privately held, operating in Software, and is based in Princeton.
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