# Brain Scientific to acquire Piezo Motion Corp.

Brain Scientific Inc. entered into a definitive merger agreement to acquire Piezo Motion Corp., a developer of high-precision piezoelectric motion technology. The closing contemplates a minimum $5 million capital investment for the combined company.

- Type: Acquisition
- Announced: 2021-06-16
- Value: $5.00M
- Status: announced
- Products: neurology medical devices, piezoelectric motion technology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Brain Scientific Inc.](https://endata.com/companies/55882.md) (acquirer)
- [Piezo Motion Corp.](https://endata.com/companies/55883.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/06/16/2248214/0/en/brain-scientific-enters-into-merger-agreement-with-piezo-motion.html), 2021-06-16: "Brain Scientific Inc. announces today that it has entered into a definitive merger agreement to acquire Piezo Motion Corp., a leading innovator of high-precision piezoelectric motion technology."

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