M&A Deal Summary

Deutsche Telekom Acquires Lookout

On April 23, 2012, Deutsche Telekom acquired information technology company Lookout

Acquisition Highlights
  • This is Deutsche Telekom’s 1st transaction in the Information Technology sector.
  • This is Deutsche Telekom’s 2nd transaction in the United States.
  • This is Deutsche Telekom’s 1st transaction in California.

M&A Deal Summary
Date 2012-04-23
Target Lookout
Sector Information Technology
Buyer(s) Deutsche Telekom
Deal Type Add-on Acquisition

Target

Lookout

San Francisco, California, United States
Lookout is a cybersecurity company that makes it possible for individuals and enterprises to be both mobile and secure. Lookout was founded in 2005 and is based in San Francisco, California.

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Buyer(S) 1

Buyer

Deutsche Telekom

Bonn, Germany
Category Company
Founded 1995
Sector Communications
Employees201,251
Revenue 111.3B EUR (2023)
DESCRIPTION

Deutsche Telekom is a German telephone company. Through its three main divisions, T-Com, T-Mobile and T-Systems, Deutsche Telekom offers a range of fixed-line, mobile and Internet access services. Deutsche Telekom was founded in 1995 and is based in Bonn, Germany.

DEAL STATS #
Overall 3 of 7
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 2 of 3
State (California) 1 of 1
Country (United States) 2 of 3
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-01 EE Limited

Hatfield, United Kingdom

EE, formerly Everything Everywhere, is a UK-based mobile network company and internet service provider. It was formed in 2010 as a JV between Deutsche Telekom and Orange S.A.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-01 T-Mobile US

Bellevue, Washington, United States

T-Mobile US is a provider of wireless communications services, including voice, messaging and data to customers in the postpaid, prepaid, and wholesale markets. T-Mobile USA provides services, devices and accessories across its brands, T-Mobile and MetroPCS, through Company owned and operated retail stores, third party distributors and its websites. T-Mobile US was founded in 1994 and is based in Bellevue, Washington.

Sell -
Mergr

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