Tech Company M&A Transactions
NextWave Telecom Acquisition
NextWave Telecom, operating out of San Diego, was acquired by AT&T. AT&T disclosed that the acquisition price was $600 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/2/2012
Transaction Type
M&A
Amount
$600,000,000
M&A Terms
Under the terms of the agreement, AT&T will acquire all the equity of NextWave for approximately $25 million plus a contingent payment of up to approximately $25 million and, through a separate agreement with NextWave's debtholders, all of the company's outstanding debt will be acquired by AT&T or retired by NextWave, for a total of $600 million in cash. The outstanding debt held by NextWave's bondholders will be satisfied through cash and a transfer of selected NextWave assets.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
12264 El Camino Real 305
San Diego, CA 92130
USA
San Diego, CA 92130
USA
Phone
Website
Email Address
Overview
We see a world where the vast wealth of global information and multimedia entertainment is always in reach.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Francis Harding
Executive Vice President
Frank Cassou
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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