Tech Company M&A Transactions
ClairMail Acquisition
Based in San Rafael, ClairMail was acquired by Monitise. Monitise said the transaction price was $173 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/27/2012
Transaction Type
M&A
Amount
$173,000,000
M&A Terms
The Acquisition consideration will be satisfied entirely by the issue of up to 312,787,144 new Ordinary Shares representing approximately 26.5% of the fully diluted share capital of the enlarged Company1, post completion, and values Clairmail at approximately US$1732m (£109m), based on Monitise's share price of 35.0 p as of the close of trading on March 23, 2012.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
781 Lincoln Ave. 200
San Rafael, CA 94901
USA
San Rafael, CA 94901
USA
Phone
Website
Email Address
Overview
ClairMail delivers true workforce mobility by extending access to enterprise applications from any mobile device with just one-click.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pete Daffern
Chief Financial Officer
Steve Anderson
Chief Marketing Officer
Carl Tsukahara
Chief Technical Officer
Gordon Simpson
VP - Engineering
Kaj Loo
VP - Human Resources
Mark Slippy
VP - Sales
Todd Clyde
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Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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