Tech Company M&A Transactions
Jaunt Acquisition
Jaunt, based in San Mateo, was acquired by Verizon Digital Media Services. What Verizon Digital Media Services paid for Jaunt was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
9/30/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Verizon is walking away with Jaunt's technology assets here, which is inclusive of their VR tech and their newer AR efforts. It doesn't sound like any employees are coming onboard as part of the transition, but there will be some Jaunt folks helping to bring the tech onboard for a brief period. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
951 Mariners Island Blvd. 500
San Mateo, CA 94404
USA
San Mateo, CA 94404
USA
Phone
Website
Email Address
Not Recorded
Overview
Jaunt is a company developing technologies that capture and display 360 degree video content.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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