# Myant acquires controlling stake in AiQ Smart Clothing via joint venture with TexRay

Myant, based in Toronto, Canada, acquired a controlling majority stake in a joint venture with TexRay Industrial to integrate AiQ Smart Clothing Inc. into the Myant ecosystem. The deal establishes Myant's physical presence in Taiwan.

- Type: Acquisition
- Announced: 2026-01-20
- Where: Taipei, Taiwan, TWN
- Status: announced
- Products: smart textiles, e-textile components, conductive tapes, textile-to-electronics interfaces
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Myant Inc.](https://endata.com/companies/27644.md) (acquirer)
- [TexRay Industrial](https://endata.com/companies/89760.md) (partner)
- [AiQ Smart Clothing](https://endata.com/companies/89761.md) (target)

## Sources

- [einpresswire.com](https://www.einpresswire.com/article/884916095/myant-integrates-aiq-smart-clothing-via-strategic-joint-venture-to-scale-e-textiles), 2026-01-20: "This is the right moment for Myant to expand its geographic footprint and manufacturing capacity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.