Tech Company M&A Transactions
imeem Acquisition
imeem was purchased by MySpace. The transaction was announced on 11/18/2009. MySpace did not announce any financial terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
11/18/2009
Transaction Type
M&A
Amount
Unknown
M&A Terms
The News Corp.-owned MySpace has agreed to pay $1 million in cash, but the total figure also includes money for accounts receivable and employee earn outs. Regardless, the price is a big loss for investors who poured upwards of $30 million into the pioneer ad-supported music service.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
285 Hamilton Ave
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Overview
imeem is an online community where artists, fans & friends can promote theircontent, share their tastes, and discover new blogs, photos, music and video.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dalton Caldwell
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Prev: 11/18/2009: Ready Financial venture capital transaction
Next: 11/19/2009: Ligon Discovery venture capital transaction
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Where The Data Comes From
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