M&A Deal Summary

Desire2Learn Incorporated Acquires Wiggio

On March 1, 2013, Desire2Learn Incorporated acquired internet software and services company Wiggio

Acquisition Highlights
  • This is Desire2Learn Incorporated’s 1st transaction in the Internet Software and Services sector.
  • This is Desire2Learn Incorporated’s 1st transaction in the United States.
  • This is Desire2Learn Incorporated’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2013-03-01
Target Wiggio
Sector Internet Software and Services
Buyer(s) Desire2Learn Incorporated
Deal Type Add-on Acquisition
Advisor(s) Progress Partners (Financial)

Target

Wiggio

Cambridge, Massachusetts, United States
Wiggio.com is a free, online toolkit that makes it easy to work in groups. Its online toolkit enables users to host virtual meetings and conference calls.

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Buyer(S) 1

Buyer

Desire2Learn Incorporated

Kitchener, Ontario, Canada

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

D2L (Desire2Learn) is dedicated to building a brighter future by developing technology to improve the way the world learns.


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
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1