M&A Deal Summary

Marathon Digital Holdings Acquires CyberFone Systems

On April 24, 2013, Marathon Digital Holdings acquired information technology company CyberFone Systems for 16M USD

Acquisition Highlights
  • This is Marathon Digital Holdings’ 1st transaction in the Information Technology sector.
  • This is Marathon Digital Holdings’ largest (disclosed) transaction.
  • This is Marathon Digital Holdings’ 2nd transaction in the United States.
  • This is Marathon Digital Holdings’ 2nd transaction in Virginia.

M&A Deal Summary

Date 2013-04-24
Target CyberFone Systems
Sector Information Technology
Buyer(s) Marathon Digital Holdings
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

CyberFone Systems

Alexandria, Virginia, United States
CyberFone Systems LLC is a full-service patent monetization firm cover claims that provide the right to practice specific transactional data processing, telecommunications, network and database inventions.

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Buyer(S) 1

Buyer

Marathon Digital Holdings

Fort Lauderdale, Florida, United States

Category Company
Founded 2010
Sector Business Services
Employees152
Revenue 656M USD (2024)
DESCRIPTION

Marathon Digital Holdings is a patent acquisition and monetization company. Marathon Digital Holdings was founded in 2010 and is based in Fort Lauderdale, Florida.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: Virginia M&A 2 of 2
Country: United States M&A 2 of 3
Year: 2013 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-14 Sampo IP

Alexandria, Virginia, United States

Sampo IP LLC provides acquisition, development, and monetization of intellectual property.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-02 Global Bit Ventures

Burlington, Massachusetts, United States

Global Bit Ventures, Inc. is a technology company that powers and secures Blockchains by operating custom hardware and software, which verify Blockchain transactions. GBV currently owns 250GH/s of GPU mining servers and plans to add 14PH/s of ASIC hashing servers. Global Bit Ventures, Inc. is based in Burlington, Massachusetts.

Buy -