Tech Company M&A Transactions
CNET Networks Acquisition
On 5/15/2008, CNET Networks was acquired by CBS. Financial terms set the valuation at $1.8 billion.
Transaction Overview
Company Name
Acquired By
Announced On
5/15/2008
Transaction Type
M&A
Amount
$1,800,000,000
M&A Terms
The deal values CNET at $11.50 per share and represents a 45 percent premium to its closing price on Wednesday.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
235 2nd Street
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Not Recorded
Overview
CNET Networks builds media experiences based on the things people love most. As prime destinations for the information and entertainment people crave, we don't just support lifestyles--we help define them. Across brands like CNET, GameSpot, BNET and CHOW, we deliver highly engaging editorial programming that combines original, independent and user-generated content.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Neil Ashe
Browse more venture capital transactions:
Prev: 5/15/2008: Proventys venture capital transaction
Next: 5/15/2008: SilkRoad Technology venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs