M&A Deal Summary

Babbel Acquires PlaySay

On March 21, 2013, Babbel acquired software company PlaySay

Acquisition Highlights
  • This is Babbel’s 1st transaction in the Software sector.
  • This is Babbel’s 1st transaction in the United States.
  • This is Babbel’s 1st transaction in California.

M&A Deal Summary

Date 2013-03-21
Target PlaySay
Sector Software
Buyer(s) Babbel
Deal Type Add-on Acquisition

Target

PlaySay

San Francisco, California, United States
PlaySay, Inc. is a provider of mobile software services.

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Buyer(S) 1

Buyer

Babbel

Berlin, Germany

Category Company
Founded 2007
Sector Internet Software and Services
Employees600
DESCRIPTION

Babbel is a provider of online learning system for foreign languages. Its proprietary, market-leading app has a scientific and structured approach to learning a language, resulting in faster and more complete learning over PC or mobile devices. Babbel was established in 2007 and is based in Berlin, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1