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M&A Deal Summary

SendBird Acquires Roundee

On April 1, 2020, SendBird acquired internet software and services company Roundee

Acquisition Highlights
  • This is SendBird’s 1st transaction in the Internet Software and Services sector.
  • This is SendBird’s 1st transaction in South Korea.

M&A Deal Summary
Date 2020-04-01
Target Roundee
Sector Internet Software and Services
Buyer(s) SendBird
Deal Type Add-on Acquisition

Target

Roundee

Gyuonggi-Do, South Korea
Linearhub, Inc. is a provider of an enterprise video conferencing platform designed to facilitate official video discussions and online group meetings via a virtual interface. Linearhub is based in Gyuonggi-Do, South Korea.

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Buyer(S) 1

Buyer

SendBird

San Mateo, California, United States
Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

SendBird is a fully customizable chat and messaging platform with a managed infrastructure for mobile and web applications. It provides the necessary Software Development Kits (SDK) and API, front- and back-end technology so that businesses can launch a customized in-app messaging experience quickly, efficiently and at scale. SendBird was founded in 2013 and is based in San Mateo, California.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Korea M&A 1 of 1
Year: 2020 M&A 1 of 1
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