M&A Deal Summary

Wigix Acquires Mag2U

On April 6, 2010, Wigix acquired business services company Mag2U

Acquisition Highlights
  • This is Wigix’s 1st transaction in the Business Services sector.
  • This is Wigix’s 1st transaction in China.

M&A Deal Summary

Date 2010-04-06
Target Mag2U
Sector Business Services
Buyer(s) Wigix
Deal Type Add-on Acquisition

Target

Mag2U

Shanghai, China
Mag2U is a business process outsourcing company that focuses on magazine subscriptions in China.

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Buyer(S) 1

Buyer

Wigix

Oakland, California, United States

Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Wigix, Inc. is an online database-driven product catalog company.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2010 M&A 1 of 1