Tech Company M&A Transactions
MediaQ Acquisition
MediaQ was purchased by NVIDIA. The transaction was announced on 8/4/2003. The companies indicated that total deal value was $70 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/4/2003
Transaction Type
M&A
Amount
$70,000,000
M&A Terms
NVIDIA Corporation (Nasdaq: NVDA), today announced that it has signed a definitive agreement to acquire MediaQ, Inc., Under the terms of the agreement, NVIDIA will acquire privately-held MediaQ for $70 million in total consideration, which NVIDIA expects to pay predominantly in cash. The acquisition, which is expected to be completed in the third quarter of NVIDIA's fiscal year 2004, has been approved by the board of directors of each company and is subject to the satisfaction of regulatory requirements and other customary closing conditions.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
2975 San Ysidro Way
Santa Clara, CA 95051
USA
Santa Clara, CA 95051
USA
Phone
Website
Email Address
Not Recorded
Overview
MediaQ, Inc., a semiconductor manufacturer, to further support the development of Palm Powered products with advanced graphics and multimedia capabilities.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Patti Plant
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