Divestiture • Information Technology

Avalon Blockchain Acquires Avalon Life SA - Cryptocurrency Mining Assets

On January 8, 2018, Avalon Blockchain acquired information technology company Avalon Life SA - Cryptocurrency Mining Assets from Avalon Life SA

Acquisition Context
  • This is Avalon Blockchain’s 1st transaction in the Information Technology sector.
  • This is Avalon Blockchain’s 1st transaction in Costa Rica.

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M&A Deal Summary

Date January 8, 2018
Target Avalon Life SA - Cryptocurrency Mining Assets
Sector Information Technology
Buyer(s) Avalon Blockchain
Sellers(s) Avalon Life SA
Deal Type Divestiture

Target Company

Avalon Life SA - Cryptocurrency Mining Assets

Barros Blancos, Costa Rica
Avalon Life SA - Cryptocurrency Mining Assets includes Cryptocurrency Mining Equipment and Cryptocurrency Coins and Masternodes.
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Buyer Overview 1

Buyer

Avalon Blockchain

Vancouver, British Columbia, Canada

Category Company
Founded 1981
Sector Digital Media
DESCRIPTION

Avalon Blockchain, Inc. is a developer of online games. Avalon Blockchain was founded in 1981 and is based in Vancouver, British Columbia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
Country: Costa Rica 1 of 1
Year: 2018 1 of 1

Seller Profile 1

SELLER

Avalon Life SA

Barros Blancos, Costa Rica

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

Avalon Life SA is a provider of a full range of products and services related to blockchain technology.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
Country: Costa Rica 1 of 1
Year: 2018 1 of 1