# HEICO Corporation acquires Connect Tech Inc.

HEICO Corporation acquired Connect Tech Inc., a leader in embedded computing and NVIDIA GPU solutions based in Guelph, Ontario. Connect Tech will operate as a subsidiary of HEICO.

- Type: Acquisition
- Announced: 2020-08-18
- Where: Guelph, Ontario, Canada
- Status: completed
- Products: embedded computing solutions, NVIDIA GPU solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [HEICO Corporation](https://endata.com/companies/22707.md) (acquirer)
- [Connect Tech Inc.](https://endata.com/companies/49188.md) (target)

## Sources

- [connecttech.com](https://connecttech.com/heico-corporation-acquires-connect-tech/), 2020-08-18: "Connect Tech, a leader in embedded computing and NVIDIA GPU solutions, today announces its acquisition by HEICO Corporation."
- [evertiq.com](https://evertiq.com/design/48691), 2020-08-20: "HEICO Corporation's Electronic Technologies Group has acquired 89.99% of Connect Tech Inc. (CTI) for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained."

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