M&A Deal Summary

Ripple Acquires Simple Honey

On April 3, 2013, Ripple acquired internet software and services company Simple Honey

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

M&A Deal Summary
Date 2013-04-03
Target Simple Honey
Sector Internet Software and Services
Buyer(s) Ripple
Deal Type Add-on Acquisition

Target

Simple Honey

San Francisco, California, United States
website
Simple Honey, Inc. is an ecommerce system based on "wish list" shopping. It provides online application.

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Buyer(S) 1

Buyer

Ripple

San Francisco, California, United States

website

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Ripple is a developer of a cloud based platform for a virtual currency and payment network. Ripple was founded in 2012 and is based in San Francisco, California.

DEAL STATS #
Overall 1 of 4
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 1
Country (United States) 1 of 3
Year (2013) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-17 Metaco

Lausanne, Switzerland

Metaco is an enterprise technology company whose mission is to enable financial and non-financial institutions to securely build their digital asset operations. The company’s core product, Harmonize™, is a mission-critical orchestration platform for digital assets. Metaco was founded in 2015 and is based in Lausanne, Switzerland.

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