M&A Deal Summary

Comcast Acquires Plaxo

On May 14, 2008, Comcast acquired internet software and services company Plaxo for 150M USD

Acquisition Highlights
  • This is Comcast’s 2nd transaction in the Internet Software and Services sector.
  • This is Comcast’s 7th largest (disclosed) transaction.
  • This is Comcast’s 6th transaction in the United States.
  • This is Comcast’s 2nd transaction in California.

M&A Deal Summary

Date 2008-05-14
Target Plaxo
Sector Internet Software and Services
Buyer(s) Comcast
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Plaxo

Sunnyvale, California, United States
Plaxo is a provider of software tools and services to manage contacts.

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Buyer(S) 1

Buyer

Comcast

Philadelphia, Pennsylvania, United States

Category Company
Founded 1963
Sector Media
Employees182,000
Revenue 123.7B USD (2024)
DESCRIPTION
Comcast Center in downtown Philadelphia, Pennsylvania.
Comcast Center in downtown Philadelphia, Pennsylvania.

Comcast is a media and communications company that provides entertainment, information, and communications products and services in the United States and internationally. Comcast was incorporated in 1963 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 6 of 26
Sector: Internet Software and Services M&A 2 of 7
Type: Add-on Acquisition M&A Deals 4 of 21
State: California M&A 2 of 6
Country: United States M&A 6 of 24
Year: 2008 M&A 1 of 2
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-01 Patriot Media and Communications

Greenwich, Connecticut, United States

Patriot Media and Communications LLC is a cable operator that focused on providing video (basic, premium, digital cable and video on demand), data (broadband Internet) and voice (VOIP) services.

Buy $483M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-05 DailyCandy

New York, New York, United States

DailyCandy is New York-based email newsletter. It operates in a range of American cities, including Boston, Chicago, Dallas, Miami, Los Angeles, Philadelphia, and San Francisco.

Buy $125M