Smith Micro Software - M&A Summary and Business Overview

SoftwareCompany

Smith Micro Software M&A Summary

Smith Micro Software has acquired 18 companies, including 2 in the last 5 years. It has also divested 2 assets.

Smith Micro Software’s largest acquisition to date was in 2021, when it acquired Avast - Family Safety Mobile Business for $66M. Smith Micro Software has acquired in 8 different US states, and 5 countries. The Company’s most targeted sectors include software (73%) and information technology (17%).

Smith Micro Software Business Overview

Where is Smith Micro Software headquartered?

Smith Micro Software is headquartered in Pittsburgh, Pennsylvania.

What is Smith Micro Software’s revenue?

Smith Micro Software disclosed revenue of 58M USD for 2021 and 51M USD for 2020.

How many employees does Smith Micro Software have?

Smith Micro Software has 255 employees.

What sector is Smith Micro Software in?

Smith Micro Software is a software company.

When was Smith Micro Software founded?

Smith Micro Software was founded in 1982.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity18
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 11
  • M&A Advisors 2

Smith Micro Software

Smith Micro Software, Inc.

5800 Corporate Drive,
Pittsburgh, Pennsylvania 15237
United States,
(412) 837-5300
www.smithmicro.com

Smith Micro Software is a provider of software solutions that simplify, secure and enhance the mobile experience. Smith Micro Software was founded in 1982 and is based in Pittsburgh, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 16 1 1 - - - 18
vol $106M $14M $66M $185M
Sell (0.2/yr) # 1 1 - - - - 2
  20

Most Recent M&A

Company Date Value Type
Avast - Family Safety Mobile Business 2021-03-08 66M USD Divestiture
Prague, Czech Republic
Moho 2D Animation Software 2020-12-22 - Divestiture
, United States · www.mohoanimation.com
Circle Media Labs Inc. - Operator Business 2020-02-13 14M USD Divestiture
Portland, Oregon
Smith Micro Software, Inc. - Poser 3D Rendering & Animation Software 2019-06-20 - Divestiture
Aliso Viejo, California
ISM Connect LLC - Smart Retail Product Suite 2018-12-18 10M USD Divestiture
Doylestown, Pennsylvania
Mobile Experience Lda. (iMobileMagic) 2016-07-25 - Add-on Acquisition
Braga, Portugal · www.imobilemagic.com
Birstep Technology AB 2016-03-08 - Divestiture
Stockholm, Sweden
Avot Media, Inc. 2010-03-01 - Add-on Acquisition
Sunnyvale, California · www.avotmedia.com
Core Mobility, Inc. 2009-09-14 10M USD Merger
Mountain View, California · www.coremobility.com
Tatara Systems - Mobile Broadband Group 2008-10-29 - Divestiture
Acton, Massachusetts
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 13 (72%) 109M (59%) 2 (100%) -
Information Technology 3 (17%) 66M (36%) - -
Internet Software and Services 2 (11%) 10M (5%) - -
Total 18 $185M 2 -

By Geo

State/Country Buy Value Sell Value
United States 14 119M 2 -
  California 5 21M 1 -
  Virginia 1 8M - -
  Pennsylvania 1 10M - -
  Oregon 1 14M - -
  New York 1 6M - -
  Massachusetts 1 - - -
  Illinois 1 60M - -
Czech Republic 1 66M - -
Portugal 1 - - -
Sweden 1 - - -
United Kingdom 1 - - -
Domestic 14 (78%) 119M (64%) 2 (100%) -
Cross-border 4 (22%) 66M (36%) - -
Total 18 $185M 2 -

Top M&A Advisors

Financial Deals
B. Riley FBR, Inc.
2
Legal Deals
Buchanan Ingersoll & Rooney PC
1

Deal Values

buy # Total
< $100M 9 $185M
TOTAL $185M
Largest Avast - Family Safety Mobile Business
$66M (2021-03-08)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
9 (50%)
Divested to
Strategic(s)
100%
2 (100%)

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