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M&A Deal Summary

Ryvyl Acquires Sky Technologies

On August 13, 2018, Ryvyl acquired internet software and services company Sky Technologies

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

M&A Deal Summary
Date 2018-08-13
Target Sky Technologies
Sector Internet Software and Services
Buyer(s) Ryvyl
Deal Type Add-on Acquisition

Target

Sky Technologies

United States
Sky Mids Technologies is a provider of transaction platform specializes in robust and secure payments processing.

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Buyer(S) 1

Buyer

Ryvyl

San Diego, California, United States
Category Company
Founded 2007
Sector Information Technology
Employees18
Revenue 56M USD (2024)
DESCRIPTION

Ryvyl is a technology company that builds customized payment solutions for a multitude of industries. Its blockchain-based systems are designed to facilitate, record, and store a volume of tokenized assets, representing cash or data, on a blockchain-based ledger. Ryvyl was formed in 2007 and is based in San Diego, California.

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
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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