M&A Deal Summary

TeleSign Acquires Routo Telecommunications

On February 12, 2013, TeleSign acquired communications company Routo Telecommunications

Acquisition Highlights
  • This is TeleSign’s 1st transaction in the Communications sector.
  • This is TeleSign’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-02-12
Target Routo Telecommunications
Sector Communications
Buyer(s) TeleSign
Deal Type Add-on Acquisition

Target

Routo Telecommunications

London, United Kingdom
Routo Telecommunications Ltd. provides mobile SMS and data network services.

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Buyer(S) 1

Buyer

TeleSign

Marina del Rey, California, United States

Category Company
Founded 2005
Sector Software
DESCRIPTION

TeleSign Corp. is a provider of Out-of-Band (OOB) authentication solutions for internet, software and financial transactions, identifying and substantially reducing online fraud and spam using a user's phone. TeleSign Corp. was established in 2005 and is headquartered in Marina del Rey, California.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2013 M&A 1 of 1