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  6. Plex Acquires Watchup

M&A Deal Summary

Plex Acquires Watchup

On January 31, 2017, Plex acquired internet software and services company Watchup

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

M&A Deal Summary
Date 2017-01-31
Target Watchup
Sector Internet Software and Services
Buyer(s) Plex
Deal Type Add-on Acquisition

Target

Watchup

Menlo Park, California, United States
Watchup is an app that syndicates news video from more than 150 publishers, including local broadcasters in over 100 markets, as well as publishers like CNN, Vox, Fusion and AJ+. Altogether, Watchup ingests more than 3000 videos from its partners every day. Viewers can use Watchup’s apps to generate a personalized newscast based on their location and their interests.

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Buyer(S) 1

Buyer

Plex

San Jose, California, United States
Category Company
Founded 2009
Sector Software
DESCRIPTION

Plex, Inc. is a Popular media center app maker. Plex is best known as a media center app that lets users stream their own music and video collections from their home PCs to mobile phones, tablets, game consoles, TV-connected devices and more.

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: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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