M&A Deal Summary

MobiClear Acquires BICO

On August 3, 2006, MobiClear acquired information technology company BICO

Acquisition Highlights
  • This is MobiClear’s 1st transaction in the Information Technology sector.
  • This is MobiClear’s 1st transaction in the United States.
  • This is MobiClear’s 1st transaction in California.

M&A Deal Summary

Date 2006-08-03
Target BICO
Sector Information Technology
Buyer(s) MobiClear
Deal Type Add-on Acquisition

Target

BICO

Dove Canyon, California, United States
BICO, Inc. is a provider of IT services.

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Buyer(S) 1

Buyer

MobiClear

United Kingdom

Category Company
Sector Information Technology
DESCRIPTION

MobiClear Ltd. is a provider of solutions and services for virtually eliminate credit/debit card and electronic transaction fraud, completely securing these transactions.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2006 M&A 1 of 1