Tech Company M&A Transactions
Yik Yak Acquisition
Yik Yak was purchased by Square. The transaction was announced on 4/26/2017. Square said the transaction price was $3 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/26/2017
Transaction Type
M&A
Amount
$3,000,000
M&A Terms
The payments processor paid less than $3 million for between five and ten of Yik Yak's engineers, according to the person. Atlanta-based Yik Yak's Chief Executive Officer Tyler Droll will not join Square, the person added, asking not to be identified talking about a private matter.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
15 Old Vermont Place
Atlanta, GA 30328
USA
Atlanta, GA 30328
USA
Phone
Website
Email Address
Not Recorded
Overview
Yik Yak acts like a local bulletin board for your area by showing the most recent posts from other users around you. It allows anyone to connect and share information with others without having to know them.
Management Team
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