Tech Company M&A Transactions
Cequint Acquisition
Cequint was acquired by Transaction Network Services. The transaction became public on 9/8/2010. The parties disclosed the acquisition price to be $112.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/8/2010
Transaction Type
M&A
Amount
$112,500,000
M&A Terms
TNS will purchase Cequint for an initial $46.7 million cash payment, and approximately $3.3 million in stock issued to its executives, with the potential for an additional $62.5 million in cash contingent upon the achievement of future performance-based targets.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
1525 4th Ave. 700
Seattle, WA 98101
USA
Seattle, WA 98101
USA
Phone
Website
Email Address
Overview
Cequint develops and markets software applications that enhance wireless mobile devices. Cequint's products improve carrier network services while making mobile devices easier to use and more productive. The company's partnerships with carriers and device manufacturers ensure high quality end-to-end solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Bob Hart
Chief Executive Officer
Rick Hennessey
Chief Financial Officer
Scott Frodle
Chief Technical Officer
Mark Gosselin
President
Scott Weller
Vice President
Hossein Mousavi
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We document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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