Acquiring Company
ACR Group
Acquired Company
TRX Systems, Inc.
Netherlands
GreenbeltInformation TechnologySoftwareMedia And EntertainmentMobileScience And EngineeringGovernment And MilitaryInformation TechnologySoftwareData And AnalyticsGovernment And MilitaryPrivacy And SecurityNavigation And MappingDescription
The ACR Group announced the acquisition of TRX Systems, the developer of NEON® GPS-denied location solutions and the TRX Dismounted Assured Position, Navigation, and Timing (PNT) System (TRX DAPS).
Quick answer
ACR Group is acquiring TRX Systems, Inc., announced January 19, 2022. ACR Group is based in Netherlands.
- Who acquired TRX Systems, Inc?
- ACR Group agreed to acquire TRX Systems, Inc. on January 19, 2022.
- How much did ACR Group pay for TRX Systems, Inc?
- The deal value was not disclosed.
- What does ACR Group do?
- The ACR Group is the leading innovator of satellite-based tracking, data communications, and emergency location products & services used across military and defense, aviation, marine, and outdoor markets.
- Where are ACR Group and TRX Systems, Inc. based?
- ACR Group is based in Netherlands. TRX Systems, Inc. is based in Greenbelt, Maryland, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired TRX Systems, Inc.?
TRX Systems, Inc. was acquired by ACR Group, based in Netherlands. The deal was reported on January 19, 2022. The ACR Group is the leading innovator of satellite-based tracking, data communications, and emergency location products & services used across military and defense, aviation, marine, and outdoor markets. ACR Group is privately held and operates in Information Technology.
When did ACR Group acquire TRX Systems, Inc.?
ACR Group's acquisition of TRX Systems, Inc. was reported on January 19, 2022. The ACR Group announced the acquisition of TRX Systems, the developer of NEON® GPS-denied location solutions and the TRX Dismounted Assured Position, Navigation, and Timing (PNT) System (TRX DAPS). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TRX Systems, Inc. do?
TRX Systems is the developer of NEON®, a location system delivering tracking services inside GPS-disabled buildings. It is privately held, operating in Information Technology, and is based in Greenbelt.
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