Tech Company M&A Transactions
STN AlertNow Acquisition
STN AlertNow, based in Raleigh, was acquired by Blackboard. Blackboard said the transaction price was $33 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/8/2010
Transaction Type
M&A
Amount
$33,000,000
M&A Terms
A deal for approximately $33 million in cash, excluding transaction costs and subject to certain adjustments.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
4000 Westchase Blvd 190
Raleigh, NC 27607
USA
Raleigh, NC 27607
USA
Phone
Website
Email Address
Overview
AlertNow pioneered rapid notification services in 2003, introducing one of the first Software as a Service (SaaS) options to provide rapid communications. AlertNow continues to lead the industry, delivering more than 9,000,000 messages each month on behalf of 30,000 school administrators in all 50 states across the USA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Robert Bruce
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We report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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