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
Email Address
Not Recorded
Overview
WiderThan is a leading provider of integrated mobile entertainment solutions for wireless carriers.
Profile
WiderThan LinkedIn Company Profile
Social Media
WiderThan Company Twitter Account
Company News
WiderThan News
Facebook
WiderThan on Facebook
YouTube
WiderThan on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sang Jun Park
  Sang Jun Park LinkedIn Profile  Sang Jun Park Twitter Account  Sang Jun Park News  Sang Jun Park on Facebook


 

 

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Prev: 9/12/2006: SmartAnalyst venture capital transaction
Next: 9/12/2006: Celtro venture capital transaction

 

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