Tech Company M&A Transactions
Bitstrips Acquisition
Based in Toronto ON, Bitstrips was acquired by Snap. The companies did not announce the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
3/24/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
Financial terms of the transaction were not disclosed by the companies, but a report said "One of the sources says that the deal is valued "in the ballpark" of $100 million, via a mix of cash and stock."
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
777 Richmond St. West 2024
Toronto ON, M6J 3N5
Canada
Toronto ON, M6J 3N5
Canada
Phone
Website
Email Address
Overview
Bitstrips are instant comics starring you and your friends. Join millions around the world who use Bitstrips as a fun and visual way to communicate.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/23/2016: Checkr venture capital transaction
Next: 3/24/2016: HG Data venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to record every notable VC transaction. All VC database entries on this site come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs