M&A Deal Summary

Lightyear Network Solutions Acquires Wherify Wireless

On October 1, 2008, Lightyear Network Solutions acquired software company Wherify Wireless

Acquisition Highlights
  • This is Lightyear Network Solutions’ 1st transaction in the Software sector.
  • This is Lightyear Network Solutions’ 1st transaction in the United States.
  • This is Lightyear Network Solutions’ 1st transaction in California.

M&A Deal Summary

Date 2008-10-01
Target Wherify Wireless
Sector Software
Buyer(s) Lightyear Network Solutions
Deal Type Add-on Acquisition
Advisor(s) Agile Equity (Financial)

Target

Wherify Wireless

San Mateo, California, United States
Wherify Wireless, Inc. is a services platform enables mobile carriers, mobile application providers and mobile device manufacturers to develop a wide variety of location-based services applications for their products.

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Buyer(S) 1

Buyer

Lightyear Network Solutions

Louisville, Kentucky, United States

Category Company
Founded 1993
Sector Technology Hardware
Employees134
Revenue 2.0B USD (0066)
DESCRIPTION


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