# 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.

- Type: Acquisition
- Announced: 2022-11-01
- Where: United States
- Value: $24.0M
- Status: completed
- Products: AI/software services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Maxar Technologies](https://endata.com/companies/18849.md) (acquirer)
- [Wovenware](https://endata.com/companies/66380.md) (target)

## Sources

- [ca.marketscreener.com](https://ca.marketscreener.com/quote/stock/MAXAR-TECHNOLOGIES-50060908/news/Maxar-Technologies-Inc-acquired-Wovenware-Inc-42214442/), 2022-11-02: "As a result of the transaction, Wovenware will operate as a wholly owned subsidiary of Maxar Technologies Inc."
- [miningmagazine.com](https://www.miningmagazine.com/technology/news/1442785/maxar-buys-ai-software-engineer-wovenware), 2022-11-04: "The acquisition is expected to add to Westminster, Colorado, US-based Maxar's machine learning, software engineering and three-dimensional data production capabilities and talent."

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