# Bercman Technologies to acquire IoT company Krakul

Bercman Technologies, a Nasdaq First North listed deep-tech company, intends to acquire 100% of Krakul, an Estonian IoT and autonomous systems development company. The acquisition will be paid for by Bercman shares and is subject to shareholder approval.

- Type: Acquisition
- Announced: 2021-11-22
- Where: Estonia
- Status: announced
- Products: IoT systems, autonomous systems, intelligent transportation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Bercman Technologies](https://endata.com/companies/59177.md) (acquirer)
- [Krakul](https://endata.com/companies/59178.md) (target)

## Sources

- [o-mag.eu](https://www.o-mag.eu/node/326), 2021-11-22: "The acquisition of Krakul is part of Bercman's strategic goal to expand its engineering and software team into developing intelligent transportation systems."

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