M&A Deal Summary

ViKi Acquires Soompi Media

On August 19, 2015, ViKi acquired internet software and services company Soompi Media from Crunchyroll

Acquisition Highlights
  • This is ViKi’s 1st transaction in the Internet Software and Services sector.
  • This is ViKi’s 1st transaction in the United States.
  • This is ViKi’s 1st transaction in California.

M&A Deal Summary

Date 2015-08-19
Target Soompi Media
Sector Internet Software and Services
Buyer(s) ViKi
Sellers(s) Crunchyroll
Deal Type Divestiture

Target

Soompi Media

San Francisco, California, United States
Soompi Media LLC is an online media platform that engages in coverage of Korean pop culture.

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Buyer(S) 1

Buyer

ViKi

Palo Alto, California, United States

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

ViKi, Inc. is an online platform to look for Korean TV shows, movies, music videos, entertainment and news.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Crunchyroll

San Francisco, California, United States

Category Company
Founded 2006
Sector Media
DESCRIPTION

Crunchyroll, Inc. is a provider of destination and platform for Japanese anime and Asian content. Crunchyroll delivers more than 25,000 episodes and 15,000 hours of officially-licensed content from Asian media producers directly to viewers translated professionally in multiple languages within minutes of the TV broadcast, through applications including Crunchyroll for iPhone, iPad, Android, Kindle, Windows Phone, Playstation 3, Playstation 4, Playstation Vita, Xbox LIVE on Xbox 360 and Xbox One, AppleTV, Roku, Nintendo WiiU, Internet-enabled TVs, set-top boxes, and more. Crunchyroll was founded in 2006 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-12 Redux

Berkeley, California, United States

Redux, Inc. is a provider of online video discovery services.

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