Tech Company M&A Transactions
Craftsy Acquisition
Craftsy, based in Denver, was bought by Comcast. The companies did not announce specifics regarding acquisition price or deal terms.
Transaction Overview
Company Name
Acquired By
Announced On
5/11/2017
Transaction Type
M&A
Amount
Unknown
M&A Terms
For Craftsy, this means access to NBCUniversal's video resources and cable entertainment network. For Comcast, the move would dovetail with reports that it is creating its own rival to Netflix as a service separate from what it offers its cable TV customers. Financial terms of the deal were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
999 18th Street 240n
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Explore expert-led video classes and shop the best yarn, fabric and supplies for quilting, sewing, knitting, cake decorating & more.
Management Team
Title
Name
Email & Social
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