Tech Company M&A Transactions
Tynker Acquisition
Tynker, based in Mountain View, was bought by BYJU. The parties disclosed the acquisition price to be $200 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/16/2021
Transaction Type
M&A
Amount
$200,000,000
M&A Terms
The companies didn't disclose the terms of the deal, but a person familiar with the matter told TechCrunch that the Indian firm is spending about $200 million on the acquisition. This is the latest in a series of major purchases as Indian edtech giant BYJU attempts to aggressively expand to international markets.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
280 Hope St.
Mountain View, CA 94041
USA
Mountain View, CA 94041
USA
Phone
Undisclosed
Website
Email Address
Overview
Tynker is a new computing platform designed specifically to teach children computational learning and programming skills in a fun and imaginative way. Tynker is inspired by Scratch from MIT. It is a completely browser-based implementation written using Open Web standards such as Javascript, HTML5, CSS3 and does not use Flash.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Krishna Vedati
Chief Technical Officer
Srini Mandyam
Co-Founder
Kelvin Chong
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We do our best to report on all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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