Tech Company M&A Transactions

Princeton eCom Acquisition

On 5/8/2006, Princeton eCom was purchased by Online Resources. Online Resources said the transaction price was $180 million.

Transaction Overview

Company Name
Acquired By
Announced On
5/8/2006
Transaction Type
M&A
Amount
$180,000,000
M&A Terms
Online Resources Corporation (Nasdaq: ORCC), a leading provider of Internet financial services, today announced a definitive agreement to acquire Princeton eCom Corporation for $180 million cash with an earnout of up to $10 million.

Company Information

Company Status
Acquired or Merged
Industry
ECommerce
Mailing Address
650 College Road East
Princeton, NJ 08540
USA
Email Address
Not Recorded
Overview
Princeton eCom is a provider of electronic payment solutions to more than 1,400 financial institutions and 1,600 corporate billers. The Company has the broadest network of connectivity to billers in the industry.
Profile
Princeton eCom LinkedIn Company Profile
Social Media
Princeton eCom Company Twitter Account
Company News
Princeton eCom News
Facebook
Princeton eCom on Facebook
YouTube
Princeton eCom on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ronald Averett
  Ronald Averett LinkedIn Profile  Ronald Averett Twitter Account  Ronald Averett News  Ronald Averett on Facebook


 

 

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Prev: 5/8/2006: Knowlent venture capital transaction
Next: 5/8/2006: DreamFactory Software venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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