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M&A Deal Summary

Glu Mobile Acquires Crowdstar

On November 3, 2016, Glu Mobile acquired internet software and services company Crowdstar for 46M USD

Acquisition Highlights
  • This is Glu Mobile’s 1st transaction in the Internet Software and Services sector.
  • This is Glu Mobile’s 2nd largest (disclosed) transaction.
  • This is Glu Mobile’s 6th transaction in the United States.
  • This is Glu Mobile’s 5th transaction in California.

M&A Deal Summary
Date 2016-11-03
Target Crowdstar
Sector Internet Software and Services
Buyer(s) Glu Mobile
Deal Type Add-on Acquisition
Deal Value 46M USD

Target

Crowdstar

Burlingame, California, United States
Crowdstar, Inc. is a developer of mobile and social gaming, developing entertainment for women, blending elegant, polished aesthetics with aspirational gameplay. The company’s flagship fashion styling game, Covet Fashion, entertains millions of women around the world daily.

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Buyer(S) 1

Buyer

Glu Mobile

San Francisco, California, United States
Category Company
Founded 2001
Sector Digital Media
Employees715
Revenue 541M USD (2020)
DESCRIPTION

Glu Mobile is a developer and publisher of action/adventure and casual games for the smartphones and tablet devices users. Glu Mobile was founded in 2001 and is based in San Francisco, California.

DEAL STATS #
Overall 8 of 8
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 7
State: California M&A 5 of 5
Country: United States M&A 6 of 6
Year: 2016 M&A 2 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-14 Poke Radar for GO

China

Poke Radar for GO is an assistant app for discovering the location of any Pokemon.

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Mergr

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