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M&A Deal Summary

Frankly Media Acquires Vemba

On July 24, 2019, Frankly Media acquired internet software and services company Vemba

Acquisition Highlights
  • This is Frankly Media’s 1st transaction in the Internet Software and Services sector.
  • This is Frankly Media’s 2nd transaction in the United States.
  • This is Frankly Media’s 2nd transaction in New York.

M&A Deal Summary
Date 2019-07-24
Target Vemba
Sector Internet Software and Services
Buyer(s) Frankly Media
Deal Type Add-on Acquisition

Target

Vemba

New York, New York, United States
Vemba Corp. is a video asset management, syndication, and monetization platform. Vemba publisher focused platform, enabling content publishers to directly control all components of video distribution, ingestion, and monetization. Vemba Corp. was founded in 2008 and is based in New York City.

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Buyer(S) 1

Buyer

Frankly Media

New York, New York, United States
Category Company
Founded 2013
Sector Information Technology
Revenue 26M CAD (2017)
DESCRIPTION

Frankly Media is a provider of chat-as-a-service technology platform. Frankly Media provides a complete suite of solutions that give publishers a unified workflow for the creation, management, publishing, and monetization of digital content to any device while maximizing audience value and revenue. Frankly Media was founded in 2013 and is based in New York City.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-28 Gannaway Web Holdings

Long Island City, New York, United States

Gannaway Web Holdings, Inc. (dba WorldNow) is a provider of an integrated content and monetization platform to traditional and next generation media companies to streamline and simplify multi-media management.

Buy $45M
Mergr

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