M&A Deal Summary

Kik Interactive Acquires Rounds Entertainment

On January 26, 2017, Kik Interactive acquired internet software and services company Rounds Entertainment

Acquisition Highlights
  • This is Kik Interactive’s 3rd transaction in the Internet Software and Services sector.
  • This is Kik Interactive’s 1st transaction in Israel.

M&A Deal Summary

Date 2017-01-26
Target Rounds Entertainment
Sector Internet Software and Services
Buyer(s) Kik Interactive
Deal Type Add-on Acquisition

Target

Rounds Entertainment

Tel Aviv, Israel
Rounds Entertainment, Inc. is a mobile application for sharing text, pictures, videos and voice calls.

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Buyer(S) 1

Buyer

Kik Interactive

Waterloo, Ontario, Canada

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Kik Interactive, Inc. is a maker of Kik, a username based smartphone messenger that lets more than 185 million people chat with their friends no matter where they meet. Using Kik's Promoted Chats, brands can engage chatters in one-to-one conversations at scale and measure the results using Kik's management dashboard.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Israel M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-21 Blynk

Toronto, Ontario, Canada

Blynk is a way for people to get personalized fashion advice. BlynkStyle app helps people discover new clothes, fashion ideas, develop tastes and shop for new clothes online.

Buy -