Tech Company M&A Transactions
Smaato Acquisition
Smaato was acquired by Spearhead Integrated Marketing Communication Group. The transaction was announced on 6/10/2016. Spearhead Integrated Marketing Communication Group said the transaction price was $148 million.
Transaction Overview
Company Name
Announced On
6/10/2016
Transaction Type
M&A
Amount
$148,000,000
M&A Terms
This collaboration creates enormous new opportunities for both partners. Spearhead brings to Smaato not only its expertise and a trusted partnership but opens up the Chinese market for us. Smaato allows Spearhead to expand very quickly outside of China.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
240 Stockton St 10th Floor
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Smaato Inc. is an ad-enabler for mobile phones, pioneering with its mobile advertising platform SOMA (Smaato Open Mobile Advertising) for the delivery of targeted mobile advertising. Smaato is partnering with international brands, advertising agencies, media companies, carriers and software developers for its cutting edge mobile advertising platform.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ragnar Kruse
Chief Financial Officer
Oliver Reiss
Chief Operating Officer
Georg Fiegen
Co-Founder
Petra Vorsteher
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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