M&A Deal Summary

Location Labs Acquires Wirkle

On October 24, 2011, Location Labs acquired software company Wirkle

Acquisition Highlights
  • This is Location Labs’ 1st transaction in the Software sector.
  • This is Location Labs’ 2nd transaction in the United States.
  • This is Location Labs’ 2nd transaction in California.

M&A Deal Summary

Date 2011-10-24
Target Wirkle
Sector Software
Buyer(s) Location Labs
Deal Type Add-on Acquisition
Advisor(s) Khetal Advisors (Financial)

Target

Wirkle

Santa Clara, California, United States
Wirkle, a Gurgaon-based mobile applications development company.

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Buyer(S) 1

Buyer

Location Labs

Emeryville, California, United States

Category Company
Founded 2000
Sector Internet Software and Services
DESCRIPTION

Location Labs provides location-based services for mobile OEMs and handset manufacturers, phone developers, retailers, media brands/agencies, telematics, workforce management, and social media markets.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-24 Volly

Los Angeles, California, United States

Volly, Inc. operates as a mobile group messaging company.

Buy -