Tech Company M&A Transactions
Subimo Acquisition
Subimo was acquired by WebMD. The acquisition was announced on 11/2/2006. WebMD disclosed that the acquisition price was $60 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/2/2006
Transaction Type
M&A
Amount
$60,000,000
M&A Terms
The purchase price includes $34 million in cash to be paid on the closing date, and $26 million in WebMD Class A common stock or cash, to be paid on the second anniversary of the close of the deal. The acquisition is expected to close in December.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
203 North LaSalle Street 2100
Chicago, IL 60601
USA
Chicago, IL 60601
USA
Phone
Website
Email Address
Not Recorded
Overview
Subimo was formed early in 2000 out of the recognition that the internet, and its ability to democratize the flow of information to those who might not have previously had access to it, could significantly improve healthcare. Subimo's technology empowers consumers with the information they need to keep themselves better informed, in the pursuit of better health.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
President
Ann Johnson
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