Tech Company M&A Transactions
WebMessenger Acquisition
Headquartered in Tujunga, WebMessenger was bought by Apptix. The transaction price was $7 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/8/2007
Transaction Type
M&A
Amount
$7,000,000
M&A Terms
Apptix acquired WebMessenger for $7M USD, of which $4M was paid in cash at the time of closing and $3M will be paid in cash or stock at the company's option one year from the closing date. The acquisition closed on April 30, 2007.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
6708 Foothill Blvd. 204
Tujunga, CA 91042
USA
Tujunga, CA 91042
USA
Phone
Undisclosed
Website
Email Address
Overview
WebMessenger, Inc. provides mobile real-time presence, VoIP, and collaboration products for enterprises and workers on-the-go. The company's enterprise and hosted solutions--compatible with all leading IM networks, mobile devices and platforms--set the industry standard for IM connectivity, interoperability, mobility and security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Val Babajov
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