M&A Deal Summary

Nokia Acquires Loudeye

On October 16, 2006, Nokia acquired media company Loudeye

Acquisition Highlights
  • This is Nokia’s 1st transaction in the Media sector.
  • This is Nokia’s 4th transaction in the United States.
  • This is Nokia’s 1st transaction in Washington.

M&A Deal Summary
Date 2006-10-16
Target Loudeye
Sector Media
Buyer(s) Nokia
Deal Type Add-on Acquisition

Target

Loudeye

Seattle, Washington, United States
Loudeye Corp. is a provider of business-to-business digital media services.

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Buyer(S) 1

Buyer

Nokia

Espoo, Finland
Category Company
Founded 1865
Sector Communications
Employees86,689
Revenue 22.3B EUR (2023)
DESCRIPTION

Nokia is a Finnish communications and information technology multinational corporation. Nokia was founded in 1865 and is based in Espoo, Finland.

DEAL STATS #
Overall 5 of 29
Sector (Media) 1 of 1
Type (Add-on Acquisition) 5 of 27
State (Washington) 1 of 4
Country (United States) 4 of 18
Year (2006) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-12 gate5

Berlin, Germany

gate5 was a software company based in Berlin and developed solutions for mobile navigation on PDAs and Smartphones.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 MixRadio

Bristol, United Kingdom

MixRadio Ltd. is a provider of free personal music streaming service. It allows music fans to create their own personal radio station: unique mixes of streamed music, tailored to their musical taste. MixRadio Ltd. was established in 2007 and is headquartered in Bristol, UK.

Buy -
Mergr

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