M&A Deal Summary

eBay Acquires Appchee Applications

On September 8, 2011, eBay acquired internet software and services company Appchee Applications for 20M USD

Acquisition Highlights
  • This is eBay’s 33rd transaction in the Internet Software and Services sector.
  • This is eBay’s 22nd largest (disclosed) transaction.
  • This is eBay’s 2nd transaction in Israel.

M&A Deal Summary

Date 2011-09-08
Target Appchee Applications
Sector Internet Software and Services
Buyer(s) eBay
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Appchee Applications

Tel Aviv, Israel
The Gifts Project is a social ecommerce platform for Group Gifting that helps online retailers, marketplaces and gift stores leverage their shoppers’ social buying experience.

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Buyer(S) 1

Buyer

eBay

San Jose, California, United States

Category Company
Founded 1995
Sector Internet Software and Services
Employees11,500
Revenue 10.3B USD (2024)
DESCRIPTION
Entrance to eBay's corporate headquarters in San Jose, California.
Entrance to eBay's corporate headquarters in San Jose, California.

eBay is an online retailer and provider of auction tools and services. eBay enables global commerce and payments on behalf of users, merchants, retailers and brands of all sizes. The technologies and services eBay provides are designed to enable users and merchants worldwide to organize and offer their inventory for sale and buyers to find, buy and pay for it virtually anytime and anywhere. eBay was founded in 1995 and is based in San Jose, California.


DEAL STATS #
Overall 42 of 70
Sector: Internet Software and Services M&A 33 of 49
Type: Add-on Acquisition M&A Deals 34 of 60
Country: Israel M&A 2 of 4
Year: 2011 M&A 6 of 9
Size (of disclosed) 22 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-11 Zong

Menlo Park, California, United States

Zong leverages connections with more than 250 mobile network operators around the world, offering localized, secure and easy-to-use payments for digital goods and services in 21 languages and 45 countries. Consumers simply enter their mobile phone numbers. Then, in a matter of seconds, Zong verifies that number and clears the payment on the customer’s existing wireless service account.

Buy $240M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-21 Hunch

New York, New York, United States

Hunch, Inc. is a provider of Internet Software and Services.

Buy $80M