Tech Company M&A Transactions

mFoundry Acquisition

Headquartered in Larkspur, mFoundry was purchased by FIS. The companies indicated that total deal value was $120 million.

Transaction Overview

Company Name
Acquired By
Announced On
1/31/2013
Transaction Type
M&A
Amount
$120,000,000
M&A Terms
FIS acquired the remaining 70% interest in mFoundry for approximately $120 million in cash.

Company Information

Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
60 E. Sir Francis Drake 200
Larkspur, CA 94939
USA
Email Address
Overview
mFoundry provides the only equitable mobile banking and payments solution for financial institutions and wireless carriers. mFoundry's Spotlight Financial Platform is a cross-carrier, cross-platform solution with the broadest device support of any competitor.
Profile
mFoundry LinkedIn Company Profile
Social Media
mFoundry Company Twitter Account
Company News
mFoundry News
Facebook
mFoundry on Facebook
YouTube
mFoundry on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Drew Siever
  Drew Siever LinkedIn Profile  Drew Siever Twitter Account  Drew Siever News  Drew Siever on Facebook
Chief Financial Officer
Kim Vogel
  Kim Vogel LinkedIn Profile  Kim Vogel Twitter Account  Kim Vogel News  Kim Vogel on Facebook
Chief Operating Officer
John Pizzi
  John  Pizzi LinkedIn Profile  John  Pizzi Twitter Account  John  Pizzi News  John  Pizzi on Facebook
Chief Technical Officer
Rodney Aiglstorfer
  Rodney Aiglstorfer  LinkedIn Profile  Rodney Aiglstorfer  Twitter Account  Rodney Aiglstorfer  News  Rodney Aiglstorfer  on Facebook
VP - Bus. Development
Carlo Cardilli
  Carlo Cardilli LinkedIn Profile  Carlo Cardilli Twitter Account  Carlo Cardilli News  Carlo Cardilli on Facebook
VP - Client Services
Alex Yi
  Alex Yi LinkedIn Profile  Alex Yi Twitter Account  Alex Yi News  Alex Yi on Facebook
VP - Operations
Drew Manning
  Drew Manning LinkedIn Profile  Drew Manning Twitter Account  Drew Manning News  Drew Manning on Facebook
VP - Product Management
Rob Sabella
  Rob Sabella LinkedIn Profile  Rob Sabella Twitter Account  Rob Sabella News  Rob Sabella on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/31/2013: TruTouch Technologies venture capital transaction
Next: 1/31/2013: Aduro BioTech venture capital transaction

 

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About Database of VC Transactions

We do our best 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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