Tech Company M&A Transactions
Next Issue Media Acquisition
Based in Cupertino, Next Issue Media was acquired by Apple. The financial terms of the deal were not released.
Transaction Overview
Company Name
Acquired By
Announced On
3/13/2018
Transaction Type
M&A
Amount
Unknown
M&A Terms
Apple today announced it signed an agreement to acquire Texture, the digital magazine subscription service by Next Issue Media LLC, which gives users unlimited access to their favorite titles for one monthly subscription fee. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
1 Apple Park Way
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Undisclosed
Website
Email Address
Overview
Next Issue Media is a joint venture of six leading publishers -- Condé Nast, Hearst Magazines, Meredith, News Corp., Rogers Communications and Time Inc. The company was formed to bring the world's most popular magazines to life on the digital device of your choice.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Loughlin
Chief Marketing Officer
Jim Bobowski
Chief Technical Officer
Keith Barraclough
VP - Engineering
Richard Quach
VP - Finance
Doug Massey
VP - Product Management
Leonard Tancuan
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We do our best to document tech company VC transactions. 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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