M&A Deal Summary

Funambol Acquires Zapatec

On November 5, 2009, Funambol acquired software company Zapatec

Acquisition Highlights
  • This is Funambol’s 1st transaction in the Software sector.
  • This is Funambol’s 1st transaction in the United States.
  • This is Funambol’s 1st transaction in California.

M&A Deal Summary

Date 2009-11-05
Target Zapatec
Sector Software
Buyer(s) Funambol
Deal Type Add-on Acquisition

Target

Zapatec

Berkeley, California, United States
Zapatec, Inc. is a provider of AJAX web 2.0 frameworks.

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Buyer(S) 1

Buyer

Funambol

Foster City, California, United States

Category Company
Founded 2001
Sector Internet Software and Services
DESCRIPTION

Funambol, Inc. is a developer of open-source mobile application servers.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1