M&A Deal Summary

Otello Acquires Bemobi

On August 7, 2015, Otello acquired internet software and services company Bemobi

Acquisition Highlights
  • This is Otello’s 4th transaction in the Internet Software and Services sector.
  • This is Otello’s 1st transaction in Brazil.

M&A Deal Summary

Date 2015-08-07
Target Bemobi
Sector Internet Software and Services
Buyer(s) Otello
Deal Type Add-on Acquisition

Target

Bemobi

Rio de Janeiro, Brazil
Bemobi is a provider of subscription-based mobile-app-discovery service.

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Buyer(S) 1

Buyer

Otello

Olso, Norway

Category Company
Founded 1995
Sector Software
Employees3
Revenue 259M USD (2020)
DESCRIPTION

Otello is a browser company develops mobile advertising and apps & games, creating a broad platform of business opportunities, including fully-owned subsidiaries and ownership of leading technology for mobile data compression. Otello was founded in 1995 and is based in Olso, Norway.


DEAL STATS #
Overall 7 of 9
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 6 of 7
Country: Brazil M&A 1 of 1
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 SurfEasy

Toronto, Ontario, Canada

SurfEasy, Inc. is a software company offers an "easy to use" VPN solution. SurfEasy is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 Opera TV

Oslo, Norway

Opera TV is an independent developer of cloud and embedded software that enables the TV and media industry’s transition to over-the-top (OTT) content, whereby video can be streamed directly to consumers’ living rooms via the Internet, to devices such as Smart TVs, Blu-ray disc players, set-top boxes and video game consoles. Opera TV is based in Oslo, Norway.

Sell -