M&A Deal Summary

Pandora Media Acquires Adswizz S.A.

On March 21, 2018, Pandora Media acquired internet software and services company Adswizz S.A.

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

M&A Deal Summary

Date 2018-03-21
Target Adswizz S.A.
Sector Internet Software and Services
Buyer(s) Pandora Media
Deal Type Add-on Acquisition

Target

Adswizz S.A.

Brussels, Belgium
Adswizz S.A. is a provider in digital audio ad technology, that specializes in providing digital audio advertising services. Adswizz S.A. was founded in 2008 and is based in Brussels, Belgium.

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Buyer(S) 1

Buyer

Pandora Media

Oakland, California, United States

Category Company
Founded 2000
Sector Digital Media
Employees2,219
Revenue 1.5B USD (2017)
DESCRIPTION
Entrance to Pandora's headquarters in downtown Oakland, California.
Entrance to Pandora's headquarters in downtown Oakland, California.

Pandora Media, Inc. is an Internet radio recommendation service provider, which offers a personalized experience for each of its listeners. Pandora Media has developed a form of radio that uses intrinsic qualities of music to create stations and adapts playlists in real-time based on the individual feedback of each listener. Pandora Media, Inc. was established in 2000 and is headquartered in Oakland, California.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-09 Ticketfly

San Francisco, California, United States

Ticketfly is a technology company reimagining the live event experience for promoters and fans. Its ticketing, digital marketing, and analytics software helps promoters book top talent, sell more tickets, and increase in-venue revenue, while its consumer tools help fans find and purchase tickets to great events. Ticketfly was formed in 2008 and is headquartered in San Francisco, California.

Sell $200M