Tech Company M&A Transactions
m-Qube Acquisition
On 5/1/2006, m-Qube was bought by VeriSign. Financial terms set the valuation at $250 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/1/2006
Transaction Type
M&A
Amount
$250,000,000
M&A Terms
The acquisition price is $250 million dollars net of cash. The transaction is being accounted for as a purchase transaction and is expected to close in the second quarter of 2006. VeriSign expects the transaction to be neutral to earnings for the remainder of 2006 and will provide updated financial guidance following the closing.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
800 Boylston St 4th Fl
Boston, MA 02199
USA
Boston, MA 02199
USA
Phone
Website
Email Address
Overview
m-Qube is North America's premier mobile messaging management technology company. The company has delivered results-oriented promotional programs for leading entertainment, retail, telecommunications and consumer packaged goods companies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Glass
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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