M&A Deal Summary

EarthLink Acquires PeoplePC

On June 10, 2002, EarthLink acquired internet software and services company PeoplePC for 14M USD

Acquisition Highlights
  • This is EarthLink’s 1st transaction in the Internet Software and Services sector.
  • This is EarthLink’s 7th largest (disclosed) transaction.
  • This is EarthLink’s 5th transaction in the United States.
  • This is EarthLink’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2002-06-10
Target PeoplePC
Sector Internet Software and Services
Buyer(s) EarthLink
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

PeoplePC

Atlanta, Georgia, United States
PeoplePC is a provider of complete Internet access solutions, enabling its partners to reduce costs, generate revenues and deepen relationships with their constituencies. The company works with ISPs, employers, membership organizations and individuals. PeoplePC’s Custom Connections service is built on a high-quality dial-up network, aggregated through relationships with a dozen major telecommunications providers.

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Buyer(S) 1

Buyer

EarthLink

Atlanta, Georgia, United States

Category Company
Founded 1994
Sector Communications
Employees2,144
Revenue 1.1B USD (2015)
DESCRIPTION
Earthlink's headquarters in Atlanta, Georgia.
Earthlink's headquarters in Atlanta, Georgia.

EarthLink provides internet access, premium email, web hosting, and privacy and data security products and services throughout the United States. EarthLink also has key partner relationships with several of the industry’s largest providers, enabling the Company to offer products and connectivity services available to millions of households nationwide. EarthLink was formed in 1994 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 5 of 22
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 19
State: Georgia M&A 2 of 6
Country: United States M&A 5 of 22
Year: 2002 M&A 2 of 2
Size (of disclosed) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-06 CIDCO

Morgan Hill, California, United States

CIDCO, Inc. provides add-on Caller ID equipment for residential and small business users.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-20 Hawk Communications

Atlanta,, Georgia, United States

Hawk Communication provides Internet services to individual subscribers and small businesses. Company also offers Web-hosting account services to companies.

Buy -