M&A Deal Summary

NAVTEQ Acquires Acuity Mobile

On September 15, 2009, NAVTEQ acquired internet software and services company Acuity Mobile

Acquisition Highlights
  • This is NAVTEQ’s 1st transaction in the Internet Software and Services sector.
  • This is NAVTEQ’s 1st transaction in the United States.
  • This is NAVTEQ’s 1st transaction in Maryland.

M&A Deal Summary

Date 2009-09-15
Target Acuity Mobile
Sector Internet Software and Services
Buyer(s) NAVTEQ
Deal Type Add-on Acquisition
Advisor(s) Evergreen Advisors
Redwood Capital Group LLC (Financial)

Target

Acuity Mobile

Greenbelt, Maryland, United States
Acuity Mobile, Inc. provides mobile marketing content delivery solutions.

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Buyer(S) 1

Buyer

NAVTEQ

Chicago, Illinois, Netherlands

Category Company
Founded 1985
Sector Business Services
Employees3,349
DESCRIPTION

Development and marketing of geographic databases and products.


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: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1