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  5. Shopmatic Acquires 5xRuby Co.

M&A Deal Summary

Shopmatic Acquires 5xRuby Co.

On December 15, 2016, Shopmatic acquired information technology company 5xRuby Co.

Acquisition Highlights
  • This is Shopmatic’s 1st transaction in the Information Technology sector.
  • This is Shopmatic’s 1st transaction in Taiwan.

M&A Deal Summary
Date 2016-12-15
Target 5xRuby Co.
Sector Information Technology
Buyer(s) Shopmatic
Deal Type Add-on Acquisition

Target

5xRuby Co.

Taipei, Taiwan
5xRuby Co. Ltd. is a Ruby on Rails’ technology firm. Ruby on Rails is a server side web application framework written in Ruby under the MIT License. Rails is a model–view–controller framework, providing default structures for a database, a web service, and web pages.

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Buyer(S) 1

Buyer

Shopmatic

CapitaGreen, Singapore
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Shopmatic is an e-commerce company that enables the entire ecosystem of selling online, for customers. From developing their unique web store to listing them on marketplaces & social channels, to giving them insights on how to sell online, it helps customers manage everything that is required to help them grow their business. Shopmatic was formed in 2014 and is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Taiwan M&A 1 of 1
Year: 2016 M&A 1 of 1
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