Tech Company M&A Transactions
Flyspy Acquisition
Flyspy, based in Minneapolis, was acquired by Corvis. The transaction price was $210 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/8/2004
Transaction Type
M&A
Amount
$210,000,000
M&A Terms
The Company said it has agreed to acquire Focal for a total consideration of $210 million, which will be comprised of approximately $101 million in equity to be issued to Focal's existing equity holders and the assumption or payment of approximately $109 million of Focal's existing debt and other long-term capital lease obligations.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
1313 5th St. SE 305
Minneapolis, MN 55414
USA
Minneapolis, MN 55414
USA
Phone
Website
Email Address
Overview
Flyspy is the culmination of a seven-year journey to make it easier to understand the market for airfares.
Management Team
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