Tech Company M&A Transactions
Groove Mobile Acquisition
Operating out of Bedford, Groove Mobile was acquired by LiveWire Mobile. The companies indicated that total deal value was $14.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/18/2008
Transaction Type
M&A
Amount
$14,500,000
M&A Terms
Under terms of the acquisition agreement, LiveWire Mobile acquired all outstanding shares of Groove Mobile for the purchase price of $14.5 million.
Company Information
Company Status
Acquired or Merged
Industry
Entertainment
Mailing Address
24 Crosby Drive
Bedford, MA 01730
USA
Bedford, MA 01730
USA
Phone
Website
Email Address
Overview
Groove Mobile is the world's leading mobile music service. Groove Mobile's Complete Music Gateway includes Full Track Mobile Downloads, Peer-to-Peer Sharing and Personalized Music Recommendations, in addition to providing Personalized and Programmed Streaming Radio, Music Subscriptions, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Giler
Chief Financial Officer
Karen Cambray
Chief Marketing Officer
Adam Sexton
VP - Engineering
Rob Friedman
VP - Sales
Rene Thibault
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