Tech Company M&A Transactions
CallVision Acquisition
CallVision was acquired by VeriSign. The transaction became public on 1/11/2006. The parties disclosed the acquisition price to be $30 million.
Transaction Overview
Company Name
Acquired By
Announced On
1/11/2006
Transaction Type
M&A
Amount
$30,000,000
M&A Terms
VeriSign, Inc. (Nasdaq: VRSN), today announced it has signed a definitive agreement to acquire Seattle-based CallVision, The acquisition is being accounted for as a purchase transaction and is valued at $30 million net of acquired cash. Revenue and earnings contributions from the acquisition will not be material to VeriSign's 2006 financial results. The transaction is expected to close in the first quarter of 2006.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1080 W Ewing Pl. 200
Seattle, WA 98119
USA
Seattle, WA 98119
USA
Phone
Website
Email Address
Not Recorded
Overview
CallVision, a leading provider of online analysis applications. CallVision clients such as T-Mobile, Bell Canada, TelstraClear and AAPT (Australia) use its applications to transform billing data into vital sources of business intelligence to increase satisfaction and retention.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Derek Edwards
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