M&A Deal Summary

Perk Acquires Corona Labs

On December 4, 2015, Perk acquired software company Corona Labs from Fuse Powered for 2M CAD

Acquisition Highlights
  • This is Perk’s 2nd transaction in the Software sector.
  • This is Perk’s 3rd largest (disclosed) transaction.
  • This is Perk’s 2nd transaction in the United States.
  • This is Perk’s 2nd transaction in California.

M&A Deal Summary
Date 2015-12-04
Target Corona Labs
Sector Software
Buyer(s) Perk
Sellers(s) Fuse Powered
Deal Type Divestiture
Deal Value 2M CAD

Target

Corona Labs

Palo Alto, California, United States
Corona Labs, Inc. is an established platform for mobile app development.

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Buyer(S) 1

Buyer

Perk

Austin, Texas, United States
Category Company
Founded 2009
Sector Internet Software and Services
Employees187
DESCRIPTION

Perk, Inc. is a provider of rewards platform targeting consumers primarily by rewards for people's everyday mobile and internet activities. Perk was founded in 2009 and is based in Austin, Texas.

DEAL STATS #
Overall 3 of 4
Sector (Software) 2 of 2
Type (Divestiture) 1 of 1
State (California) 2 of 2
Country (United States) 2 of 3
Year (2015) 3 of 3
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-25 Playerize Networks

Vancouver, British Columbia, Canada

SuperRewards is a provider of wall and direct payment solutions. SuperRewards an alternative payments and virtual rewards with its worldwide direct payments and performance advertising platform that provides developers with monetization advantages while delivering engaged consumers to premiere brand advertisers.

Buy $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-08 Viggle

Miami, New York, United States

Viggle, Inc. is an online destination for entertainment news for millennial women, covering the latest in television, music, and pop culture. Viggle was founded in 1994 and is based in Miami, New York.

Buy -

Seller(S) 1

SELLER

Fuse Powered

Toronto, Ontario, Canada
Category Company
Founded 2009
Sector Software
DESCRIPTION

Fuse Powered, Inc. is a developer of software platform to enable mobile game publishers.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Corona Labs

Palo Alto, California, United States

Corona Labs, Inc. is an established platform for mobile app development.

Buy -
Mergr

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