M&A Deal Summary

Coinbase Acquires Cipher Browser

On April 13, 2018, Coinbase acquired internet software and services company Cipher Browser

Acquisition Highlights
  • This is Coinbase’s 3rd transaction in the Internet Software and Services sector.
  • This is Coinbase’s 1st transaction in the United States.
  • This is Coinbase’s 1st transaction in California.

M&A Deal Summary

Date 2018-04-13
Target Cipher Browser
Sector Internet Software and Services
Buyer(s) Coinbase
Deal Type Add-on Acquisition

Target

Cipher Browser

San Francisco, California, United States
Cipher Browser is a decentralized app browser and wallet for the Ethereum blockchain. Cipher Browser is based in San Francisco, California.

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Buyer(S) 1

Buyer

Coinbase

Wilmington, Delaware, United States

Category Company
Founded 2012
Sector Internet Software and Services
Employees3,772
Revenue 6.6B USD (2024)
DESCRIPTION

Coinbase is a provider of cryptocurrency wallets as well as access to cryptocurrency markets. The Company allows users to purchase Bitcoin currency and use it to purchase goods and services. Coinbase was founded in 2012 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 3 of 14
Sector: Internet Software and Services M&A 3 of 9
Type: Add-on Acquisition M&A Deals 3 of 13
State: California M&A 1 of 5
Country: United States M&A 1 of 7
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-18 Blockr.io

Slovenia

Blockr.io is an online platform that provides block explorer service.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-15 Distributed Systems

San Francisco, California, United States

Distributed Systems, Inc. is a digital identity company and a full-stack machine intelligence. Distributed Systems, Inc. was founded in 2015 and is based in San Francisco, California.

Buy -