Add-on Acquisition • Software

MGT Acquires D-Vasive

On September 20, 2016, MGT acquired software company D-Vasive

Acquisition Context
  • This is MGT’s 2nd transaction in the Software sector.
  • This is MGT’s 4th transaction in the United States.
  • This is MGT’s 1st transaction in Rhode Island.

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M&A Deal Summary

Date September 20, 2016
Target D-Vasive
Sector Software
Buyer(s) MGT
Deal Type Add-on Acquisition

Target Company

D-Vasive

Hope, Rhode Island, United States
D-Vasive, Inc. is a developer of software app for phone or PC to secure your Camera, Mic, Bluetooth, & WiFi!.
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Buyer Overview 1

Buyer

MGT

Raleigh, North Carolina, United States

Category Company
Founded 1977
Sector Internet Software and Services
Employees2
Revenue 1M USD (2020)
DESCRIPTION

MGT is an operator of social and real money gaming sites online and in the mobile space, including MGTplay.com and SlotChamp™. MGT was founded in 1977 and is based in Raleigh, North Carolina.


Deal Context for Buyer #
Overall 4 of 4
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 2
State: Rhode Island 1 of 1
Country: United States 4 of 4
Year: 2016 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-15 Cyberdonix - Anti-Hacking Technology

Madison, Alabama, United States

Cyberdonix, Inc. - Anti-Hacking Technology is a a cybersecurity product designed to protect corporate and enterprise intranets from sophisticated hacking threats.

Buy -