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
Princeton, NJ 08540
USA
Phone
Website
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.
Management Team
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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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