Tech Company M&A Transactions
StayOnline Acquisition
Operating out of Atlanta, StayOnline was acquired by LodgeNet Entertainment. LodgeNet Entertainment said the transaction price was $15 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/15/2006
Transaction Type
M&A
Amount
$15,000,000
M&A Terms
LodgeNet Entertainment Corporation announced that it has entered into an agreement to acquire substantially all of the assets of StayOnline, Inc. for $15.0 million in cash.
Company Information
Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
120 Interstate North Parkway 160
Atlanta, GA 30339
USA
Atlanta, GA 30339
USA
Phone
Website
Email Address
Not Recorded
Overview
Serving over 700 hotels and over 100,000 guest rooms, StayOnline has challenged other providers by constantly offering cost effective, high speed Internet access as well as directly providing hardware, servers, and cable management to the hotel properties nationwide. With the release of GuestPass Directorsm, real time network management has never been more secure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Antonio DiMilia
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