Tech Company M&A Transactions
Vurv Technology Acquisition
Vurv Technology was bought by Taleo. The transaction was announced on 5/6/2008. Taleo said the transaction price was $128.8 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/6/2008
Transaction Type
M&A
Amount
$128,800,000
M&A Terms
Under the terms of the agreement, Taleo will pay approximately $128.8 million, based on yesterday's closing price for Taleo's Class A common stock of $20.32 for all of the outstanding capital stock of Vurv and the assumption of vested employee stock options. The consideration will be comprised of 4.1 million shares of Taleo Class A common stock, approximately $36.5 million in cash, subject to adjustment for third party expenses and certain other specified items and the assumption of up to $9.0 million of debt. In addition, Taleo will also assume unvested employee stock options.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
7660 Centurion Parkway 100
Jacksonville, FL 32256
USA
Jacksonville, FL 32256
USA
Phone
Website
Email Address
Overview
At Vurv, we believe the fusion of individual creative energy, talent and passion with the organization's purpose, mission and values creates an unstoppable force for success. We believe in the endless pursuit of innovation and excellence. We believe people can make a life while making a living.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derek Mercer
Chief Financial Officer
Mark Silverman
Chief Operating Officer
Amy McGeorge
Chief Technical Officer
Angel Cabrera
Vice President
Chris Bergeron
Vice President
Jim Lewis
Vice President
Tom Love
Vice President
Doug Melsheimer
Vice President
Brett Tearney
VP - Human Resources
Samantha Hanson
VP - Marketing
Robert Greene
VP - Marketing
Kevin Marasco
VP - Operations
Darren Jaffrey
VP - Sales
Mike Gibson
Browse more venture capital transactions:
Prev: 5/6/2008: Iamba Networks venture capital transaction
Next: 5/6/2008: CHiL Semiconductor venture capital transaction
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. 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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