Tech Company M&A Transactions
Digital Impact Acquisition
Headquartered in San Mateo, Digital Impact was acquired by Acxiom. The transaction price was $140 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/28/2005
Transaction Type
M&A
Amount
$140,000,000
M&A Terms
Acxiom Corporation and Digital Impact, Inc. today announced they have reached a definitive agreement for Acxiom to acquire Digital Impact for $3.50 per share in cash in a transaction valued at approximately $140 million based on fully diluted shares. It is expected that Digital Impact will have approximately $20 million in cash on closing.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
177 Bovet Road Suite 200
San Mateo, CA 94402
USA
San Mateo, CA 94402
USA
Phone
Website
Email Address
Not Recorded
Overview
Digital Impact (NASDAQ: DIGI) offers internet direct marketing, or e-marketing, services to businesses that wish to communicate more effectively with their customers online through email. Core services includes campaign management, targeting and personalization, email format optimization, campaign tracking and reporting, and database hosting and management. In 2005, Digital Impact was acquired by Acxiom.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Park
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