M&A Deal Summary

CornerWorld Acquires Woodland Wireless Solutions

On February 24, 2009, CornerWorld acquired internet software and services company Woodland Wireless Solutions for 12M USD

Acquisition Highlights
  • This is CornerWorld’s 1st transaction in the Internet Software and Services sector.
  • This is CornerWorld’s largest (disclosed) transaction.
  • This is CornerWorld’s 1st transaction in the United States.
  • This is CornerWorld’s 1st transaction in Michigan.

M&A Deal Summary

Date 2009-02-24
Target Woodland Wireless Solutions
Sector Internet Software and Services
Buyer(s) CornerWorld
Deal Type Add-on Acquisition
Deal Value 12M USD

Target

Woodland Wireless Solutions

Holland, Michigan, United States
Woodland Wireless Solutions Ltd. is an application service provider to the cellular industry serving 50 cellular providers in North America.

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Buyer(S) 1

Buyer

CornerWorld

Dallas, Texas, United States

Category Company
Founded 2004
Sector Communications
Revenue 1M USD (2014)
DESCRIPTION

CornerWorld Corp. is a technology telecommunication and marketing company creating opportunities from the increased accessibility of content across mobile, television, and internet platforms. CornerWorld was founded in 2004 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 1