Tech Company M&A Transactions
WiderThan Acquisition
Operating out of Seoul, WiderThan was acquired by RealNetworks. The transaction price was $350 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/12/2006
Transaction Type
M&A
Amount
$350,000,000
M&A Terms
RealNetworks, Inc. (Nasdaq: RNWK) and WiderThan Co., Ltd. (Nasdaq: WTHN) today announced a definitive agreement under which RealNetworks will acquire WiderThan, a leading provider of integrated mobile music and entertainment solutions, through a cash tender offer for $17.05 per share or approximately $350 million.
Company Information
Company Status
Acquired or Merged
Industry
Entertainment
Mailing Address
K1 Reit Building463 Chungjeong-ro 3-ga
Seoul, 120-709
Korea
Seoul, 120-709
Korea
Phone
Website
Email Address
Not Recorded
Overview
WiderThan is a leading provider of integrated mobile entertainment solutions for wireless carriers.
Management Team
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Prev: 9/12/2006: SmartAnalyst venture capital transaction
Next: 9/12/2006: Celtro venture capital transaction
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