Tech Company M&A Transactions
Smilebox Acquisition
Smilebox, based in Redmond, was purchased by Perion Network. Perion Network said the transaction price was $40 million.
Transaction Overview
Company Name
Acquired By
Announced On
8/1/2011
Transaction Type
M&A
Amount
$40,000,000
M&A Terms
Under the terms of the agreement, IncrediMail (later rebranded to Perion) will pay $25 million substantially in cash at closing, with additional payments of up to $15 million, if certain milestones and performance based conditions are met, payable in two installments on the seven and 14 months anniversary from closing.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
15809 Bear Creek Parkway 320
Redmond, WA 98052
USA
Redmond, WA 98052
USA
Phone
Website
Email Address
Overview
Smilebox makes it easy to connect with friends and family in a more creative and compelling way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
President
Andrew Wright
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