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M&A Deal Summary

X Acquires Spindle

On June 19, 2013, X acquired internet software and services company Spindle

Acquisition Highlights
  • This is X’s 6th transaction in the Internet Software and Services sector.
  • This is X’s 8th transaction in the United States.
  • This is X’s 1st transaction in Arizona.

M&A Deal Summary
Date 2013-06-19
Target Spindle
Sector Internet Software and Services
Buyer(s) X
Deal Type Add-on Acquisition

Target

Spindle

Scottsdale, Arizona, United States
Spindle is an innovator of mobile payment solutions for the banking industry, retail sector and consumer-facing companies.

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Buyer(S) 1

Buyer

X

Bastrop, Texas, United States
Category Company
Founded 2006
Sector Internet Software and Services
Revenue 5.1B USD (2021)
DESCRIPTION
X's office in San Francisco, California.
X's office in San Francisco, California.

X is a real-time information network of connected users. At the heart of X are small bursts of information, media, and other content. X was established in 2006 and is based in Bastrop, Texas.

DEAL STATS #
Overall 9 of 37
Sector: Internet Software and Services M&A 6 of 28
Type: Add-on Acquisition M&A Deals 9 of 37
State: Arizona M&A 1 of 1
Country: United States M&A 8 of 32
Year: 2013 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 Lucky Sort

Portland, Oregon, United States

Lucky Sort, Inc. is a startup that specializes in data visualization, develops and creates information interfaces.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-09 MoPub

San Francisco, California, United States

MoPub is a mobile ad serving platform that gives app publishers a way to monetize their apps. MoPub was founded in 2010 and is based in San Francisco, California.

Buy $350M
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