Tech Company M&A Transactions
VMC Satellite Acquisition
On 4/21/2005, VMC Satellite was purchased by InPhonic . InPhonic said the transaction price was $10.7 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/21/2005
Transaction Type
M&A
Amount
$10,700,000
M&A Terms
InPhonic will pay cash and issue stock for an aggregate value of $10.7 million. At the closing, the shareholders of VMC will receive $3.5 million in cash and $7.2 million of InPhonic's common stock.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
10205 Colvin Run Road
Great Falls, VA 22066
USA
Great Falls, VA 22066
USA
Phone
Website
Email Address
Not Recorded
Overview
Satellite Inc., a leading online marketer of digital broadcast satellite services.
Management Team
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About Our Venture Capital Transactions Database
We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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