M&A Deal Summary

Sungy Mobile Acquires GetJar

On February 12, 2014, Sungy Mobile acquired internet software and services company GetJar for 5M USD

Acquisition Highlights
  • This is Sungy Mobile’s 1st transaction in the Internet Software and Services sector.
  • This is Sungy Mobile’s largest (disclosed) transaction.
  • This is Sungy Mobile’s 1st transaction in the United States.
  • This is Sungy Mobile’s 1st transaction in California.

M&A Deal Summary
Date 2014-02-12
Target GetJar
Sector Internet Software and Services
Buyer(s) Sungy Mobile
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

GetJar

San Mateo, California, United States
GetJar, Inc. is a privately held mobile ad network company.

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Buyer(S) 1

Buyer

Sungy Mobile

Guangzhou, China
Category Company
Founded 2003
Sector Technology Hardware
Revenue 54M USD (2013)
DESCRIPTION

Sungy Mobile Ltd. provider of mobile internet products and services globally with a focus on applications and mobile platform development. Sungy Mobile was founded in 2003 and is based in Guangzhou, China.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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