Tech Company M&A Transactions
Pluto.TV Acquisition
Pluto.TV, based in Los Angeles, was acquired by Viacom. Deal value was $340 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/23/2019
Transaction Type
M&A
Amount
$340,000,000
M&A Terms
Viacom Inc. (NASDAQ: VIAB, VIA) today announced that it has entered into a definitive agreement to acquire Pluto TV, the leading free streaming television service in U.S., for $340 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Los Angeles, CA 94107
USA
Los Angeles, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The Internet is a big place, you've probably noticed. It's full of great stuff, but often you spend more time searching than you do watching. We created Pluto.TV to solve that problem, winnowing out the best of online entertainment and organizing it into an easy-to-navigate system of channels.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Ilya Pozin
Co-Founder
Tom Ryan
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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