Browsing posts tagged: acquires
Quanergy Acquires Raytheon People-Tracking Software

Lidar sensor provider Quanergy Systems Inc., has acquired the OTUS People Tracker software from Raytheon BBN Technologies. The software complements Quanergy’s existing software portfolio and, when used with Quanergy’s lidar sensors, creates an integrated hardware and software solution for advanced people detection and tracking applications within the security and autonomous driving markets. “The acquisition of […]

Penn National Gaming Acquires Leading Social Casino Game Developer, Rocket Games, for $60 Million in Accretive Transaction

WYOMISSING, Pa. & SAN FRANCISCO–(BUSINESS WIRE)–Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that it acquired Rocket Games, Inc. (“Rocket”), a leading developer of social casino games, for approximately $60 million cash, subject to working capital and other adjustments, including potential earn-out payments for certain members of the Rocket Games […]