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Intrinsically Safe Communication Technology Company

Offer Deadline:

SOLD

Project Beethoven

Hilco is pleased to offer for sale the business and assets of a pioneering company specialising in voice enabled workflows in loud and hazardous industrial environments (the “Company”). The Company has established itself in the industrial communications sector, providing innovative solutions to allow for intrinsically safe ear-free and hands-free communication.

Company Highlights:

  • Innovative Technology: The Company has developed proprietary hardware and software communications solutions with demonstrable superior performance in high noise environments.
  • Strategic Partnerships: Actively engaged with Tier 1 industrial technology companies.
  • Experienced Team: The founder is an MIT and Stanford graduate who previously led projects at NASA and Lockhead Martin.
  • Market Presence: The Company has a strong market presence and a solid blue chip client base in the industrial sector.

Available Assets:

  • Patented Technology: International patents granted with a broad scope covering  the Company’s IP in hands free and open ear voice and audio technology.
  • Intellectual Property Portfolio: Associated IP portfolio including designs, proprietary know-how, product development, accreditations, along with Company  domain names, website content and social media accounts.
  • Market Relationships: Established relationships with key stakeholders in the oil, gas and chemical manufacturing industries, providing immediate market entry opportunities for the buyer.
  • Inventory: Inventory of headset units with a cost price of c.£100,000.
  • Goodwill: The goodwill attaching to the business.

The business provides an excellent opportunity to enter or expand within the industrial communications sector, leveraging the Company’s established technology, market presence, and industry relationships.

Sale Process and Further Information

Please register your interest and direct any questions in the first instance to
Yasmin Saadi (+44 (0) 7766 075798, ysaadi@hilcoglobaladvisors.co.uk) or Roland Cramp (+44 (0) 7710 152668, rcramp@hilcoglobaladvisors.co.uk) of Hilco, who will be able to provide access to further information on the signing of a confidentiality agreement and answer any questions you have at this stage. Bids are to be directed in writing to Hilco. Terms and conditions related to the sale can be provided on request.

Contacts

Yasmin Saadi

Senior Analyst

London Office

+44 (0) 7766 075798

ysaadi@hilcoglobaladvisors.co.uk

Roland Cramp MRICS

Managing Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobaladvisors.co.uk