Benzinga | Aug 25, 2021 10:19AM EDT

Axon Acquires My90 For Undisclosed Sum

* Axon Enterprise Inc (NASDAQ:AXON) has acquired My90, Inc., which collects anonymized community feedback to generate actionable insights to help police agencies improve trust, safety, and equity. Deal terms were not disclosed.

* My90 maintains privacy and anonymity when displaying results via interactive dashboards, now available on the Axon Network.

* Kona Shen and Mustafa Abdul-Hamid founded My90 in 2016.

* Kona Shen, CEO of My90, will be joining Axon as VP and General Manager of My90.

* Axon Enterprise held cash and cash equivalents and investments of $704 million as of June 30, 2021.

* Price Action: AXON shares closed at 185.80 on Tuesday.