M&A Deal Summary

Smith Micro Software Acquires Mobile Experience Lda.

On July 25, 2016, Smith Micro Software acquired internet software and services company Mobile Experience Lda.

Acquisition Highlights
  • This is Smith Micro Software’s 1st transaction in the Internet Software and Services sector.
  • This is Smith Micro Software’s 1st transaction in Portugal.

M&A Deal Summary

Date 2016-07-25
Target Mobile Experience Lda.
Sector Internet Software and Services
Buyer(s) Smith Micro Software
Deal Type Add-on Acquisition

Target

Mobile Experience Lda.

Braga, Portugal
Mobile Experience Lda. (iMobileMagic) is a provider of consumer applications on smartphones, tablets and wearables to ensure the safety and protection of children, elderly, and other family members who require extra care.

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Buyer(S) 1

Buyer

Smith Micro Software

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1982
Sector Software
Employees231
Revenue 21M USD (2024)
DESCRIPTION

Smith Micro Software is a provider of software solutions that simplify, secure and enhance the mobile experience. Smith Micro Software was founded in 1982 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 15 of 18
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Portugal M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-08 Birstep Technology AB

Stockholm, Sweden

Birstep Technology AB is a provider of software services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-18 ISM Connect - Smart Retail Product Suite

Doylestown, Pennsylvania, United States

ISM Connect LLC - Smart Retail Product Suite platform enables wireless carriers and retailers to bring interactive demos that deliver consistent, targeted and secure content, including messaging and advertising campaigns to smart phones and tablets.

Buy $10M