Tech Company M&A Transactions

BitTorrent Acquisition

Headquartered in San Francisco, BitTorrent was acquired by Tron. Tron said the transaction price was $140 million.

Transaction Overview

Company Name
Acquired By
Announced On
6/19/2018
Transaction Type
M&A
Amount
$140,000,000
M&A Terms
BitTorrent, an early mover (and currently the largest player) in decentralised computing architecture to distribute and store data, is being sold for $140 million in cash to Justin Sun and his blockchain media startup Tron.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
340 Bryant St. 201
San Francisco, CA 94107
USA
Email Address
Overview
BitTorrent is a leading software company with the fastest torrent client and sync and share software for Mac, Windows, Linux, iOS and Android.
Profile
BitTorrent LinkedIn Company Profile
Social Media
BitTorrent Company Twitter Account
Company News
BitTorrent News
Facebook
BitTorrent on Facebook
YouTube
BitTorrent on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eric Klinker
  Eric Klinker LinkedIn Profile  Eric Klinker Twitter Account  Eric Klinker News  Eric Klinker on Facebook
Chief Scientific Officer
Bram Cohen
  Bram Cohen LinkedIn Profile  Bram Cohen Twitter Account  Bram Cohen News  Bram Cohen on Facebook
VP - Bus. Development
Ro Choy
  Ro Choy LinkedIn Profile  Ro Choy Twitter Account  Ro Choy News  Ro Choy on Facebook
VP - Engineering
Ilan Shamir
  Ilan Shamir LinkedIn Profile  Ilan Shamir Twitter Account  Ilan Shamir News  Ilan Shamir on Facebook
VP - Finance
Claude Tolbert
  Claude Tolbert LinkedIn Profile  Claude Tolbert Twitter Account  Claude Tolbert News  Claude Tolbert on Facebook
VP - Marketing
Shahi Ghanem
  Shahi Ghanem LinkedIn Profile  Shahi Ghanem Twitter Account  Shahi Ghanem News  Shahi Ghanem on Facebook
VP - R & D
Michael Floyd
  Michael Floyd LinkedIn Profile  Michael Floyd Twitter Account  Michael Floyd News  Michael Floyd on Facebook


 

 

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Next: 6/19/2018: AIRBLOC venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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