M&A Deal Summary

Firstlight Media Acquires Quickplay Media Co.

On March 3, 2020, Firstlight Media acquired internet software and services company Quickplay Media Co. from AT&T

Acquisition Highlights
  • This is Firstlight Media’s 1st transaction in the Internet Software and Services sector.
  • This is Firstlight Media’s 1st transaction in Canada.
  • This is Firstlight Media’s 1st transaction in Ontario.

M&A Deal Summary

Date 2020-03-03
Target Quickplay Media Co.
Sector Internet Software and Services
Buyer(s) Firstlight Media
Sellers(s) AT&T
Deal Type Divestiture

Target

Quickplay Media Co.

Toronto, Ontario, Canada
Quickplay Media Co. is a cloud-based mobile video platform that allows pay-TV operators, wireless carriers, and content providers to outsource the collection, storage, manipulation, and delivery of audio and video content to IP-connected devices such as smartphones and tablets. QuickPlay was formed in 2004 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Firstlight Media

Toronto, Ontario, Canada

Category Company
Sector Software
DESCRIPTION

Firstlight Media is a software company focused on using artificial intelligence to drive user engagement and monetization for Tier 1 operators across the technology and media landscapes. Firstlight Media is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

AT&T

Dallas, Texas, United States

Category Company
Founded 1983
Sector Communications
Employees140,990
Revenue 122.3B USD (2024)
DESCRIPTION
AT&T's corporate headquarters in downtown Dallas, Texas.
AT&T's corporate headquarters in downtown Dallas, Texas.

AT&T is a provider of telecommunications services in the United States and the world. AT&T offers services and products to consumers in the US and services and products to businesses and other providers of telecommunications services worldwide. AT&T was founded in 1983 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 15 of 24
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 11 of 20
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 AT&T - Wireless & Wireline Operations

Dallas, Texas, United States

AT&T, Inc. - Wireless & Wireline Operations provides consumer mobile and B2B services in Puerto Rico and the U.S. Virgin Islands, excluding DIRECTV customers.

Sell $2.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Crunchyroll

San Francisco, California, United States

Crunchyroll, Inc. is a provider of destination and platform for Japanese anime and Asian content. Crunchyroll delivers more than 25,000 episodes and 15,000 hours of officially-licensed content from Asian media producers directly to viewers translated professionally in multiple languages within minutes of the TV broadcast, through applications including Crunchyroll for iPhone, iPad, Android, Kindle, Windows Phone, Playstation 3, Playstation 4, Playstation Vita, Xbox LIVE on Xbox 360 and Xbox One, AppleTV, Roku, Nintendo WiiU, Internet-enabled TVs, set-top boxes, and more. Crunchyroll was founded in 2006 and is based in San Francisco, California.

Sell $1.2B