M&A Deal Summary

SoundBite Communications Acquires SmartReply

On June 8, 2011, SoundBite Communications acquired internet software and services company SmartReply for 3M USD

Acquisition Highlights
  • This is SoundBite Communications’ 1st transaction in the Internet Software and Services sector.
  • This is SoundBite Communications’ 2nd largest (disclosed) transaction.
  • This is SoundBite Communications’ 2nd transaction in the United States.
  • This is SoundBite Communications’ 1st transaction in California.

M&A Deal Summary

Date 2011-06-08
Target SmartReply
Sector Internet Software and Services
Buyer(s) SoundBite Communications
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

SmartReply

Irvine, California, United States
SmartReply is a provider of mobile marketing solutions.

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Buyer(S) 1

Buyer

SoundBite Communications

Bedford, Massachusetts, United States

Category Company
Sector Internet Software and Services
Employees140
DESCRIPTION

SoundBite delivers cloud-based proactive collections, payments, and mobile marketing applications, as well as proactive customer service solutions to enterprises.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2011 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-27 Mobile Collect

Bedford, Massachusetts, United States

Mobile Collect, Inc. is a Software as a Service (SaaS) provider of mobile communications solutions.

Buy $500M