M&A Deal Summary

Corona Labs Acquires Corona Cloud

On December 13, 2012, Corona Labs acquired software company Corona Cloud

Acquisition Highlights
  • This is Corona Labs’ 1st transaction in the Software sector.
  • This is Corona Labs’ 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2012-12-13
Target Corona Cloud
Sector Software
Buyer(s) Corona Labs
Deal Type Add-on Acquisition

Target

Corona Cloud

Dubai, United Arab Emirates
Corona Cloud is a provider of a suite of cloud services for mobile development.

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Buyer(S) 1

Buyer

Corona Labs

Palo Alto, California, United States

Category Company
Founded 2007
Sector Software
DESCRIPTION

Corona Labs, Inc. is an established platform for mobile app development.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2012 M&A 1 of 1