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  6. MobileBits Holdings Acquires Pringo

M&A Deal Summary

MobileBits Holdings Acquires Pringo

On July 1, 2011, MobileBits Holdings acquired internet software and services company Pringo

Acquisition Highlights
  • This is MobileBits Holdings’ 1st transaction in the Internet Software and Services sector.
  • This is MobileBits Holdings’ 1st transaction in the United States.
  • This is MobileBits Holdings’ 1st transaction in California.

M&A Deal Summary
Date 2011-07-01
Target Pringo
Sector Internet Software and Services
Buyer(s) MobileBits Holdings
Deal Type Add-on Acquisition
Advisor(s) Siemer & Associates (Financial)

Target

Pringo

Los Angeles, California, United States
Pringo, Inc. provides software tools that combine enterprise-class multilingual portals, CMS, user management tools and social collaboration features in one open-source package.

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Buyer(S) 1

Buyer

MobileBits Holdings

Sarasota, Florida, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

MobileBits Holdings Corp. is a global technology company that produces a mobile phone application called MobileBits solutions.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services 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: 2011 M&A 1 of 1
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