Sensinode acquired by ARM Holdings

Sensinode is a pioneer in technology for the Internet of Things, the rapidly evolving world of physical devices and machinery connected through the Internet.

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The company's cutting edge solution optimizes Internet access for M2M networks and devices constrained by bandwidth, processing power, memory and power consumption considerations.  This enables secure end-to-end Web services through scalable, low-power networks across a wide range of M2M applications, including lighting, asset management, logistics, security, smart grid and building automation.

Transaction Summary

  • Cerca Trova Advisors was retained to assist Sensinode in fundraising and exploring strategic alternatives
  • Early on in the process, the company received an exploding M&A offer from ARM with a short time trigger
  • Transaction closed in six weeks, in the middle of Finnish summer holidays
  • Attractive result for Sensinode’s investors, management team and employees

Cerca Trova Advisors Role

  • CTA was the primary interface for all negotiations and led the negotiation process resulting in a meaningful increase in valuation from the initial offer
  • Prior knowledge of local tax and structuring issues critical to keeping buyer in the process and smoothing out cultural issues (Finnish summer holidays)
  • Rapid close only possible with experienced M&A advisors