# Meritech to acquire majority stake in Eoxys Systems India

Meritech Co., Ltd., a Japanese telecommunication testing and IoT solutions company, announced it will acquire a majority stake in Bangalore-based Eoxys Systems India Private Limited through its subsidiary Meritech Software Private Limited. The deal is all-cash with an undisclosed amount.

- Type: Acquisition
- Announced: 2021-01-09
- Where: Bangalore, India
- Status: announced
- Products: IoT solutions, cellular IoT, NB-IoT, industrial IoT
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Meritech](https://endata.com/companies/52404.md) (acquirer)
- [Eoxys Systems India](https://endata.com/companies/52405.md) (target)
- [Meritech Software Private Limited](https://endata.com/companies/52406.md) (partner)

## Sources

- [electronicsforyou.biz](https://www.electronicsforyou.biz/industry-buzz/acquisition-merger/japans-meritech-to-acquire-indias-eoxys-systems/), 2021-01-09: "This acquisition will enable Meritech to strengthen its footprint in the IoT space."

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