M&A Deal Summary

Chegg Acquires Cramster

On December 8, 2010, Chegg acquired internet software and services company Cramster

Acquisition Highlights
  • This is Chegg’s 2nd transaction in the Internet Software and Services sector.
  • This is Chegg’s 2nd transaction in the United States.
  • This is Chegg’s 2nd transaction in California.

M&A Deal Summary

Date 2010-12-08
Target Cramster
Sector Internet Software and Services
Buyer(s) Chegg
Deal Type Add-on Acquisition

Target

Cramster

Pasadena, California, United States
Cramster is a social platform providing online homework help. It was formed in 2002 and is based in Pasadena, California.

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Buyer(S) 1

Buyer

Chegg

Santa Clara, California, United States

Category Company
Founded 2005
Sector Consumer Services
Employees1,241
Revenue 618M USD (2024)
DESCRIPTION

Chegg offers products and services that help students throughout the learning lifecycle, from choosing a college through graduation and beyond. To deliver these services, the Company partners with several third parties. Chegg was founded in 2005 and is based in Santa Clara, California.


DEAL STATS #
Overall 2 of 16
Sector: Internet Software and Services M&A 2 of 13
Type: Add-on Acquisition M&A Deals 2 of 15
State: California M&A 2 of 9
Country: United States M&A 2 of 14
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-19 CourseRank

Mountain View, California, United States

CourseRank helps students manage and plan their academic careers. CourseRank's scheduling, planning and course review system guides students by arranging relevant course information in an easily accessible display where they can track their progress towards the goal of graduation, mapping courses taken, and grades received.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-01 Notehall

San Francisco, California, United States

Notehall is an interactive learning platform for students to buy and sell class notes, study guides and knowledge in specific subjects.

Buy -