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M&A Deal Summary

Wondershare Technology Acquires Ufoto

On August 19, 2021, Wondershare Technology acquired software company Ufoto

Acquisition Highlights
  • This is Wondershare Technology’s 1st transaction in the Software sector.
  • This is Wondershare Technology’s 1st transaction in China.

M&A Deal Summary
Date 2021-08-19
Target Ufoto
Sector Software
Buyer(s) Wondershare Technology
Deal Type Add-on Acquisition

Target

Ufoto

Zhejiang, China
Ufoto is a developer of an apps, including Sweet Selfie, Sweet Snap, StoryChic and Beat.ly. Ufoto was founded in 2015 and is based in Zhejiang, China.

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Buyer(S) 1

Buyer

Wondershare Technology

Lhasa, China
Category Company
Founded 2003
Sector Software
DESCRIPTION

Wondershare Technology is a software development company focused on digital creativity. Wondershare Technology was founded in 2003 and is based in Lhasa, China.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2021 M&A 1 of 1
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