Predict your next investment

Corporation
ELECTRONICS | Technical & Scientific Instrumentation
alanco.com

See what CB Insights has to offer

Founded Year

1969

Stage

PIPE | IPO

Total Raised

$2.07M

About Alanco Technologies

Alanco Technologies (OTCQB: ALAN) provides information technology solutions in a wide range of industries through its various subsidiaries.

Alanco Technologies Headquarter Location

7950 E. Acoma Drive Suite 111

Scottsdale, Arizona, 85260,

United States

480-505-4869

Latest Alanco Technologies News

3:00 am Fri, July 7, 2006 NJBIZ StarTrak Brought by Arizona Company - NJBIZ

Apr 12, 2021

StarTrak Brought by Arizona Company By: Yvonne Darling July 7, 20063:00 am Alanco Technologies reports that it has fully acquired Morris Plains-based GPS tracking and wireless data services provider StarTrak Systems.Alanco Technologies reported that it has fully acquired Morris Plains-based GPS tracking and wireless data services provider StarTrak Systems. The $15 million acquisition is an all-stock transaction made up of 13.2 million Alanco common shares, plus assumption of about $5 million in liabilities. StarTrak sales are currently over $1 million per month, according to Alanco. Alanco CEO Robert R. Kauffman said, “StarTrak is a transformational transaction for our company, positioning Alanco as the dominant provider of wireless tracking and data-management services in two emerging niche markets, each of which have a worldwide potential in excess of $1 billion.” Alanco Technologies is based in Scottsdale, Ariz., and develops tracking systems used to trace the location and movement of inmates by the corrections industry.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.