Tech Company M&A Transactions
BitTorrent Acquisition
Headquartered in San Francisco, BitTorrent was acquired by Tron. Tron said the transaction price was $140 million.
Transaction Overview
Company Name
Acquired By
Announced On
6/19/2018
Transaction Type
M&A
Amount
$140,000,000
M&A Terms
BitTorrent, an early mover (and currently the largest player) in decentralised computing architecture to distribute and store data, is being sold for $140 million in cash to Justin Sun and his blockchain media startup Tron.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
340 Bryant St. 201
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
BitTorrent is a leading software company with the fastest torrent client and sync and share software for Mac, Windows, Linux, iOS and Android.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Klinker
Chief Scientific Officer
Bram Cohen
VP - Bus. Development
Ro Choy
VP - Engineering
Ilan Shamir
VP - Finance
Claude Tolbert
VP - Marketing
Shahi Ghanem
VP - R & D
Michael Floyd
Browse more venture capital transactions:
Prev: 6/18/2018: Zero Motorcycles venture capital transaction
Next: 6/19/2018: AIRBLOC venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs