M&A Deal Summary

Kakao Acquires Daum Communications

On May 26, 2014, Kakao acquired internet software and services company Daum Communications for 3.3B USD

Acquisition Highlights
  • This is Kakao’s 1st transaction in the Internet Software and Services sector.
  • This is Kakao’s largest (disclosed) transaction.
  • This is Kakao’s 1st transaction in South Korea.

M&A Deal Summary
Date 2014-05-26
Target Daum Communications
Sector Internet Software and Services
Buyer(s) Kakao
Deal Type Add-on Acquisition
Deal Value 3.3B USD

Target

Daum Communications

Jeju, South Korea
Daum Communications Corp. is a provider of on-line advertising and transaction services.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Kakao

Jeju, South Korea
Category Company
Founded 1995
Sector Internet Software and Services
Employees17,117
Revenue 7.56T KRW (2023)
DESCRIPTION

Kakao is a mobile lifestyle company provider of web-based mail services through messaging apps. Kakao was founded in 1995 and is based in Jeju, South Korea.

DEAL STATS #
Overall 1 of 3
Sector (Internet Software and Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
Country (South Korea) 1 of 2
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-29 Path

San Francisco, California, United States

Path, Inc. provides online internet services to share personal life post, capture photos and videos with close friends and families worldwide.

Buy -
Mergr

Product

Company

Legal