OneEvent Technologies acquired

OETA Inc., a wholly owned subsidiary of National Presto Industries Inc., purchased the assets of Mount Horeb-based OneEvent Technologies, a company that employs sensing devices to protect homes, buildings, assets, and occupants. Terms were not disclosed, but OneEvent will continue to maintain its offices, warehouse, and R&D facilities in Mount Horeb, according to a release.

“Becoming part of a National Presto Industries’ subsidiary will provide us with additional resources to help us reach new and valuable markets to enhance the safety of our customers,” notes OneEvent Technologies’ President Kurt Wedig, who launched the company in 2014 with co-founder Dan Parent.

See related article: https://www.ibmadison.com/In-Business-Madison/November-2015/Prevent-defense/