M&A Deal Summary

Canon Communications Acquires Pharmalot

On May 3, 2010, Canon Communications acquired internet software and services company Pharmalot

Acquisition Highlights
  • This is Canon Communications’ 1st transaction in the Internet Software and Services sector.
  • This is Canon Communications’ 1st transaction in the United States.

M&A Deal Summary

Date 2010-05-03
Target Pharmalot
Sector Internet Software and Services
Buyer(s) Canon Communications
Deal Type Add-on Acquisition

Target

Pharmalot

United States
Pharmalot (Pharma Blogs) is a pharmaceutical blog.

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Buyer(S) 1

Buyer

Canon Communications

Los Angeles, California, United States

Category Company
Sector Business Services
Employees343
Revenue 106M USD (2010)
DESCRIPTION

Canon Communications LLC provides IT infrastructure and professional services in Germany and internationally. The company operates in two segments, e-commerce/trade and IT solutions. The e-commerce/trade segment comprises activities based on online, catalogue, telephone, and direct sales of its products. The IT solutions segment offers IT infrastructure and application support services, including IT strategy advice, project planning and implementation, system integration, maintenance, and training services, as well as various services, such as running IT departments.


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: United States M&A 1 of 1
Year: 2010 M&A 1 of 1