M&A Deal Summary

Qnective Acquires MobilMedia Holding HG

On October 31, 2007, Qnective acquired software company MobilMedia Holding HG

Acquisition Highlights
  • This is Qnective’s 1st transaction in the Software sector.
  • This is Qnective’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2007-10-31
Target MobilMedia Holding HG
Sector Software
Buyer(s) Qnective
Deal Type Add-on Acquisition

Target

MobilMedia Holding HG

Wollerau, Switzerland
MobilMedia Holding HG is a provider of short message services which are community-based chat services.

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Buyer(S) 1

Buyer

Qnective

Zurich, Switzerland

Category Company
Sector Software
Employees20
DESCRIPTION

Qnective, Inc. is a provider of sophisticated software communication solutions and services, with deep expertise in wireless technologies, networking and highly-secure encryption mechanisms.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2007 M&A 1 of 1