Tech Company M&A Transactions
JumpTap Acquisition
On 8/14/2013, JumpTap was bought by Millennial Media. Financial terms set the valuation at $225 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/14/2013
Transaction Type
M&A
Amount
$225,000,000
M&A Terms
Under the terms of the agreement, based on Millennial Media's closing share price on August 9, 2013, Jumptap shareholders will receive approximately 24.6 million shares of Millennial Media, corresponding to approximately 22.5% pro forma ownership post transaction.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
155 Seaport Boulevard 8th Floor
Boston, MA 02210
USA
Boston, MA 02210
USA
Phone
Website
Email Address
Overview
JumpTap, Inc. provides wireless carriers with an end-to-end, carrier-branded mobile search solution that drives third-party revenue for mobile operators while providing a quick, easy and fun mobile search experience for subscribers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
George Bell
Chief Financial Officer
Brian Cohen
Chief Operating Officer
Frank Weishaupt
Chief Technical Officer
Bob Hammond
Founder
Jorey Ramer
VP - Bus. Development
Adam Towvim
VP - General Counsel
David Kahan
VP - Marketing
Matt Duffy
VP - Operations
Jonas Hellgren
VP - Product Management
Adam Soroca
VP - Sales
Adam Chandler
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