Maxar Technologies acquires Wovenware for $24 million

Maxar Technologies acquired Wovenware, Inc. on November 1, 2022 for $24 million, with a portion contingent on operating metrics paid over five years. Wovenware will operate as a wholly owned subsidiary, with co-founders continuing to oversee operations.

“As a result of the transaction, Wovenware will operate as a wholly owned subsidiary of Maxar Technologies Inc.”ca.marketscreener.com

• 2 sources
• ca.marketscreener.comMaxar Technologies Inc. acquired Wovenware, Inc.MarketScreener CanadaNov 2, 2022
• miningmagazine.comMaxar buys AI and software engineer WovenwareNoel DysonNov 4, 2022

Summarized from public sources; check the original articles before acting on it.