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  5. hi5 Acquires PixVerse

M&A Deal Summary

hi5 Acquires PixVerse

On June 30, 2008, hi5 acquired internet software and services company PixVerse

Acquisition Highlights
  • This is hi5’s 1st transaction in the Internet Software and Services sector.
  • This is hi5’s 1st transaction in the United States.

M&A Deal Summary
Date 2008-06-30
Target PixVerse
Sector Internet Software and Services
Buyer(s) hi5
Deal Type Add-on Acquisition

Target

PixVerse

United States
PixVerse Inc. is a provider of real-time interactions within social networks.

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Buyer(S) 1

Buyer

hi5

San Francisco, California, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

hi5 Networks, Inc. operates social network portals for social entertainment and gaming for youth markets in Latin America, Europe, Asia, and Africa. Its portals offer fun, expressive, and interactive entertainment experience to users internationally.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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