M&A Deal Summary

Bango Acquires BilltoMobile

On May 9, 2016, Bango acquired information technology company BilltoMobile from Danal for 4M USD

Acquisition Highlights
  • This is Bango’s 1st transaction in the Information Technology sector.
  • This is Bango’s largest (disclosed) transaction.
  • This is Bango’s 1st transaction in the United States.
  • This is Bango’s 1st transaction in California.

M&A Deal Summary
Date 2016-05-09
Target BilltoMobile
Sector Information Technology
Buyer(s) Bango
Sellers(s) Danal
Deal Type Divestiture
Deal Value 4M USD

Target

BilltoMobile

San Jose, California, United States
BilltoMobile is an online payment provider at the forefront of the global eCommerce mobile payment evolution.

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Buyer(S) 1

Buyer

Bango

Cambridge, United Kingdom
Category Company
Founded 1999
Sector Information Technology
Employees274
Revenue 46M GBP (2023)
DESCRIPTION

Bango is a mobile payment platform. Bango is a standard for app stores offering carrier-billed payments, with more than 150 activations of carrier billing around the world. Bango was founded in 1999 and is based in Cambridge, the United Kingdom.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-24 Audiens s.r.l.

Cambridge, United Kingdom

Audiens s.r.l. is a mobile data exchange platform that gives marketing teams the ability to segment their data with one click. The company transforms marketing campaigns by bringing together customer data into one single customer view. Audiens was formed in 2015 and is based in Cambridge, United Kingdom.

Buy -

Seller(S) 1

SELLER

Danal

San Jose, California, United States
Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Danal, Inc. is a provider of mobile identity and authentication solutions.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
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