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EMK Capital to Acquire Cardo Systems from Fortissimo Capital and Founder Dr. Abraham Glezerman
April 6, 2021 GMT
TEL AVIV, Israel (BUSINESS WIRE) Apr 6, 2021
Cardo Systems (“Cardo”, the “Company”), the industry pioneer and global market leader in wireless communication systems for groups and individuals in motion, today announced that EMK Capital has acquired Cardo Systems from Fortissimo Capital and Dr. Abraham Glezerman, its Founder and Chairman. Financial details of the transaction were not disclosed.
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Cardo designs and markets wireless mesh communication systems for motorcycle riders, skiers, site workers, and other groups and individuals in motion. The Company’s innovative products backed by proprietary, cutting-edge technology allows groups to communicate wirelessly with one another and connect safely to hands-free services (e.g. mobile phone, music stream