Tech Company M&A Transactions

Cequint Acquisition

Cequint was acquired by Transaction Network Services. The transaction became public on 9/8/2010. The parties disclosed the acquisition price to be $112.5 million.

Transaction Overview

Company Name
Announced On
9/8/2010
Transaction Type
M&A
Amount
$112,500,000
M&A Terms
TNS will purchase Cequint for an initial $46.7 million cash payment, and approximately $3.3 million in stock issued to its executives, with the potential for an additional $62.5 million in cash contingent upon the achievement of future performance-based targets.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
1525 4th Ave. 700
Seattle, WA 98101
USA
Email Address
Overview
Cequint develops and markets software applications that enhance wireless mobile devices. Cequint's products improve carrier network services while making mobile devices easier to use and more productive. The company's partnerships with carriers and device manufacturers ensure high quality end-to-end solutions.
Profile
Cequint LinkedIn Company Profile
Social Media
Cequint Company Twitter Account
Company News
Cequint News
Facebook
Cequint on Facebook
YouTube
Cequint on YouTube

Management Team

Title
Name
Email & Social
Chairman
Bob Hart
  Bob Hart LinkedIn Profile  Bob Hart Twitter Account  Bob Hart News  Bob Hart on Facebook
Chief Executive Officer
Rick Hennessey
  Rick Hennessey LinkedIn Profile  Rick Hennessey Twitter Account  Rick Hennessey News  Rick Hennessey on Facebook
Chief Financial Officer
Scott Frodle
  Scott Frodle LinkedIn Profile  Scott Frodle Twitter Account  Scott Frodle News  Scott Frodle on Facebook
Chief Technical Officer
Mark Gosselin
  Mark Gosselin LinkedIn Profile  Mark Gosselin Twitter Account  Mark Gosselin News  Mark Gosselin on Facebook
President
Scott Weller
  Scott Weller LinkedIn Profile  Scott Weller Twitter Account  Scott Weller News  Scott Weller on Facebook
Vice President
Hossein Mousavi
  Hossein Mousavi LinkedIn Profile  Hossein Mousavi Twitter Account  Hossein Mousavi News  Hossein Mousavi on Facebook


 

 

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Prev: 9/8/2010: Solaria venture capital transaction
Next: 9/8/2010: Expensify venture capital transaction

 

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We document all VC transactions involving tech companies. 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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