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  6. Useful Networks Acquires KnowledgeWhere

M&A Deal Summary

Useful Networks Acquires KnowledgeWhere

On August 13, 2008, Useful Networks acquired internet software and services company KnowledgeWhere

Acquisition Highlights
  • This is Useful Networks’ 1st transaction in the Internet Software and Services sector.
  • This is Useful Networks’ 1st transaction in Canada.
  • This is Useful Networks’ 1st transaction in Alberta.

M&A Deal Summary
Date 2008-08-13
Target KnowledgeWhere
Sector Internet Software and Services
Buyer(s) Useful Networks
Deal Type Add-on Acquisition
Advisor(s) DecisionPoint Advisors (Financial)

Target

KnowledgeWhere

Calgary, Alberta, Canada
KnowledgeWhere Inc. is a provider of location-based software and middleware solutions that deliver privacy-managed, location-enabled content and applications for the mobile entertainment and advertising sectors. The company's purpose-built, location-centric products are supported by an array of technologies that are driving the location-based industry.

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Buyer(S) 1

Buyer

Useful Networks

Denver, Colorado, United States
Category Company
Founded 2006
Sector Software
DESCRIPTION

Useful Networks is a Denver-based company that delivers innovative mobile location technology products to end users via the Internet and mobile carriers. Founded in July 2006, Useful Networks powers cross-carrier location aggregation for both carriers and content providers.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2008 M&A 1 of 1
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