M&A Deal Summary

Gimbal Acquires Drawbridge Networks - Managed Media Business

On May 8, 2018, Gimbal acquired information technology company Drawbridge Networks - Managed Media Business from Drawbridge Networks

Acquisition Highlights
  • This is Gimbal’s 1st transaction in the Information Technology sector.
  • This is Gimbal’s 2nd transaction in the United States.
  • This is Gimbal’s 1st transaction in New York.

M&A Deal Summary

Date 2018-05-08
Target Drawbridge Networks - Managed Media Business
Sector Information Technology
Buyer(s) Gimbal
Sellers(s) Drawbridge Networks
Deal Type Divestiture

Target

Drawbridge Networks - Managed Media Business

New York, New York, United States
Drawbridge Networks, Inc. - Managed Media Business current media buying and location management platform offers enterprise-level scale and a unique advantage for advertisers looking to create their own custom audiences without the risk of wondering where the data came from.

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Buyer(S) 1

Buyer

Gimbal

San Diego, California, United States

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Gimbal, Inc. is a provider of enterprise grade mobile engagement and location intelligence platform used by retailers, advertisers, venues, and out-of-home (OOH) networks.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-15 Phigital

San Francisco, California, United States

Phigital, Inc. is a developer of mobile apps that promotes and connects location marketing with a brand’s own imagery and digital presence information in order to create a fuller online-to-offline experience for smartphone users searching for places to go.

Buy -

Seller(S) 1

SELLER

Drawbridge Networks

New York, New York, United States

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Drawbridge Networks, Inc. is a provider of micro-segmentation solutions, boosting the company’s intellectual property, expanding its customer footprint, and enhancing its customers’ ability to identify, monitor, and defend against cyberattacks.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1