WiSA Technologies Discusses Planned Acquisition of CompuSystems
Deal News | Dec 30, 2024 | EIN
WiSA Technologies, Inc. held a special conference call to discuss its intended acquisition of CompuSystems, Inc. The call, led by David Barnard from Alliance Advisors, commenced with an emphasis on forward-looking statements being subject to potential risks and uncertainties. Nate Bradley, CEO of Data Vault Holdings, Mark LoGiurato, CEO of CompuSystems, Brett Moyer, CEO and President of WiSA Technologies, and Michael Fazio, the controlling investor of CompuSystems, were key speakers. They addressed the strategic move towards the acquisition, highlighting WiSA Technologies' plan to enhance its capabilities and market presence through this initiative. The presentation reiterated the company's commitment to transparency while reminding participants of the associated risks detailed in their SEC filings.
Sectors
- Technology
- Mergers and Acquisitions
Geography
- United States – WiSA Technologies, based in the US and listed on NASDAQ, is engaging in acquiring CompuSystems, also a US entity, making the geographical focus of the article US-centric.
Industry
- Technology – WiSA Technologies operates in the technology sector, focusing on wireless audio technology solutions, and the acquisition of CompuSystems, a tech managing entity, strengthens this classification.
- Mergers and Acquisitions – This article primarily discusses a planned merger and acquisition, involving WiSA Technologies acquiring CompuSystems, making it relevant to the M&A sector.
Financials
- N/A – There is no specific financial data such as deal price or revenue figures mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| WiSA Technologies, Inc. | Bidding Company | Company | A technology company focusing on wireless audio and technology solutions, looking to expand through strategic acquisitions. |
| CompuSystems, Inc. | Target Company | Company | A technology company that is being acquired by WiSA Technologies. |
| Alliance Advisors | Investor Relations | Company | An advisory firm providing investor relations services, represented by David Barnard during the call. |
| Nate Bradley | CEO | Person | The CEO of Data Vault Holdings, participating in the conference call. |
| Mark LoGiurato | CEO | Person | The CEO of CompuSystems, involved in the conference discussion regarding the acquisition. |
| Brett Moyer | CEO and President | Person | The CEO and President of WiSA Technologies, leading the strategic acquisition discussions. |
| Michael Fazio | Controlling Investor | Person | The controlling investor of CompuSystems, involved in the Q&A session of the acquisition discussion. |