M&A Deal Summary

Match Group Acquires Hyperconnect

On February 9, 2021, Match Group acquired information technology company Hyperconnect for 1.7B USD

Acquisition Highlights
  • This is Match Group’s 1st transaction in the Information Technology sector.
  • This is Match Group’s largest (disclosed) transaction.
  • This is Match Group’s 1st transaction in South Korea.

M&A Deal Summary
Date 2021-02-09
Target Hyperconnect
Sector Information Technology
Buyer(s) Match Group
Deal Type Add-on Acquisition
Deal Value 1.7B USD

Target

Hyperconnect

Seoul, South Korea
Hyperconnect, Inc. is a global video and AI technology company that operates groundbreaking social discovery products including real-time video chat app 'Azar' and social live streaming platform 'Hakuna Live'. Hyperconnect, Inc. was founded in 2014 and is based in Seoul, South Korea.

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Buyer(S) 1

Buyer

Match Group

Dallas, Texas, United States
Category Company
Founded 1986
Sector Internet Software and Services
Employees2,500
Revenue 3.4B USD (2023)
DESCRIPTION
Match Group's corporate headquarters in Dallas, Texas.
Match Group's corporate headquarters in Dallas, Texas.

Match Group is a provider of internet dating services including Match.com, PlentyofFish, OkCupid, and Tinder amongst other brands. Match Group was founded in 1986 and is based in Dallas, Texas.

DEAL STATS #
Overall 6 of 6
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 6 of 6
Country (South Korea) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-23 Noonlight

Santa Monica, California, United States

Noonlight provides safety platform and mobile app that can trigger requests to emergency services. Noonlight was founded in 2013 and is based in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-19 Noonlight

Santa Monica, California, United States

Noonlight provides safety platform and mobile app that can trigger requests to emergency services. Noonlight was founded in 2013 and is based in Santa Monica, California.

Sell -
Mergr

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