Tech Company M&A Transactions
iLoop Mobile Acquisition
On 11/8/2011, iLoop Mobile was acquired by Archer. The transaction price was $42 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/8/2011
Transaction Type
M&A
Amount
$42,000,000
M&A Terms
Under the terms of the agreement, iLoop will become a subsidiary of Lenco, with iLoop's shareholders receiving a combination of cash and stock valued at approximately $42 million.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
25 Metro Drive 210
San Jose, CA 95110
USA
San Jose, CA 95110
USA
Phone
Website
Email Address
Overview
Loop Mobile is the leader in mobile services and technology for interactive mobile marketing, mobile advertising and mobile content distribution. The company's patent-pending mFinity platform makes it fast and easy for brands, marketing agencies, content owners and other companies to create compelling and effective mobile phone initiatives worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Harris
Chief Financial Officer
James O'Brien
Chief Operating Officer
Steven Gray
Chief Technical Officer
Srinivas Kandikattu
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