M&A Deal Summary

Tech Data and Likewize Acquire TDMobility

On April 4, 2007, Tech Data and Likewize acquired internet software and services company TDMobility

Acquisition Highlights
  • This is Tech Data’s 1st and Likewize’s 1st transaction in the Internet Software and Services sector.
  • This is Tech Data’s 2nd and Likewize’s 1st transaction in the United States.
  • This is Tech Data’s 1st and Likewize’s 1st transaction in Illinois.

M&A Deal Summary
Date 2007-04-04
Target TDMobility
Sector Internet Software and Services
Buyer(s) Tech Data
Likewize
Deal Type Joint Venture

Target

TDMobility

Libertyville,, Illinois, United States
ActivateIT will offer Tech Data’s U.S.-based Value Added Resellers (VARs) a centralized and customized Platform-as-a-Service (PaaS) under the brand name TDMobility.TDMobility powered by ActivateIT will provide data services, software, hardware, accessories, technical support, billing management, asset management, and training and installation services.

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Buyer(S) 2

Buyer

Tech Data

Clearwater, Florida, United States
Category Company
Founded 1974
Sector Distribution
Employees14,000
Revenue 37.2B USD (2019)
DESCRIPTION
Tech Data's corporate headquarters in Clearwater, Florida.
Tech Data's corporate headquarters in Clearwater, Florida.

Tech Data is a distributor of technology products, services, and solutions. Its advanced logistics capabilities and value-added services enable 125,000 resellers in more than 100 countries to support the technology needs of end-users. Tech Data was formed in 1974 and is based in Clearwater, Florida.

DEAL STATS #
Overall 6 of 16
Sector (Internet Software and Services) 1 of 2
Type (Joint Venture) 2 of 2
State (Illinois) 1 of 2
Country (United States) 2 of 6
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Brightstar Europe

Basingstoke, United Kingdom

Brightstar Europe is a distributor of mobile devices. The mobile market is constantly changing as technology develops and evolves, opening up new possibilities for consumers and businesses, and new opportunities for resellers and retailers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-19 Scribona AB

Solna, Sweden

Scribona AB is a provider of IT products and solutions, offering customers cutting-edge product expertise, the industry's leading e-commerce system, optimized product availability and a broad range of complementary services.

Buy -
Buyer

Likewize

Southlake, Texas, United States
Category Company
Founded 1997
Sector Insurance
DESCRIPTION

Likewize offers comprehensive protection against any technology disruption. Whether a device is lost, stolen, damaged, malfunctioning, in need of an upgrade or the user does not know how to do something, the company provides the solution. It operates in over 30 countries, resolving 250 million problems each year across insurance, warranty, repairs, trade-ins, recycling, and premium tech support. Likewize was founded in 1997 and is based in Southlake, Texas.

DEAL STATS #
Overall 2 of 10
Sector (Internet Software and Services) 1 of 2
Type (Joint Venture) 2 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (2007) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Brightstar Europe

Basingstoke, United Kingdom

Brightstar Europe is a distributor of mobile devices. The mobile market is constantly changing as technology develops and evolves, opening up new possibilities for consumers and businesses, and new opportunities for resellers and retailers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-23 WSA Distributing

San Diego, California, United States

WSA Distributing, Inc. is a provider of wireless handsets and accessories.

Buy -
Mergr

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