There were 405 acquisitions of New York companies in 2019, down from the 409 in 2018. Today, I shine a spotlight on 22 of these notable transactions involving NYC startups that were acquired during 2019. I have included the acquiree, the acquirer, transaction amount (when available), time from founding to exit (the average for this group was 6.14 years), as well as investors and total funding raised by the target.
LittleBits is an open-source library of electronic modules that allows users to learn electronics via prototypes. Founded by Ayah Bdeir in 2011, littleBits Electronics is backed by investors that include Foundry Group, Morgan Stanley, True Ventures, Two Sigma Ventures, and Wamda Capital and is headquartered in New York.