Tech Company M&A Transactions
Musiwave Acquisition
Musiwave was acquired by Unwired Planet. The acquisition became public on 1/17/2006. Unwired Planet said the transaction price was $97 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/17/2006
Transaction Type
M&A
Amount
$97,000,000
M&A Terms
Openwave has acquired all outstanding shares of Musiwave for a total purchase price of approximately 97 million, (net of actual purchase price adjustments), and under the terms of the definitive agreement may pay a contingent earn-out of up to an additional 15 million. This equates to approximately $117 million, and a contingent additional $18 million respectively, based on the Euro-US Dollar exchange rate of January 13, 2006.
Company Information
Company Status
Acquired or Merged
Industry
Entertainment
Mailing Address
77 Oxford Street
London, W1D 2ES
UK
London, W1D 2ES
UK
Phone
Website
Email Address
Not Recorded
Overview
Musiwave is a leading provider of mobile music entertainment services to operators and media companies worldwide.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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