# Tempo Automation to acquire Advanced Circuits and Whizz Systems

Tempo Automation announced it will acquire Advanced Circuits and Whizz Systems concurrently with its business combination with ACE Convergence Acquisition Corp. The acquisitions are expected to close substantially concurrently with the merger.

- Type: Acquisition
- Announced: 2021-10-14
- Where: San Francisco, United States
- Status: announced
- Products: electronics prototyping, on-demand production
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tempo Automation](https://endata.com/companies/58380.md)
- [Advanced Circuits](https://endata.com/companies/42706.md) (target)
- [ACE Convergence Acquisition Corp.](https://endata.com/companies/52352.md) (acquirer)
- [ACE Convergence Acquisition Corp.](https://endata.com/companies/52352.md) (partner)
- [Tempo Automation](https://endata.com/companies/58380.md) (acquirer)
- [Whizz Systems](https://endata.com/companies/58381.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1813658/000110465921126002/tm2129886d1_ex99-1.htm), 2021-10-14: "Upon closing of the transaction, the combined operating entity will be renamed 'Tempo Automation Holdings, Inc.'"
- [businesswire.com](https://www.businesswire.com/news/home/20211014005537/en/Tempo-Automation-Inc.-a-Leading-Software-Accelerated-Electronics-Manufacturer-Set-to-Go-Public-Through-Merger-with-ACE-Convergence-Acquisition-Corp.), 2021-10-14: "Tempo’s differentiated smart manufacturing platform is accelerating the digital transformation of electronics prototyping and on-demand production, an estimated $290 billion domestic market."

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