M&A Deal Summary

Xoom Acquires BlueKite

On February 4, 2014, Xoom acquired software company BlueKite for 15M USD

Acquisition Highlights
  • This is Xoom’s 1st transaction in the Software sector.
  • This is Xoom’s largest (disclosed) transaction.
  • This is Xoom’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-02-04
Target BlueKite
Sector Software
Buyer(s) Xoom
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

BlueKite

United Kingdom
BlueKite, Inc. is a technology company that develops solutions and applications to improve the way people around the world pay their bills.

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Buyer(S) 1

Buyer

Xoom

San Francisco, California, United States

Category Company
Founded 2001
Sector Internet Software and Services
Employees295
Revenue 159M USD (2014)
DESCRIPTION

Xoom Corp. is a digital money transfer provider in 31 countries, focused on helping consumers send money in a secure, fast and cost-effective way using their mobile phone, tablet or computer.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 1 of 1
Size (of disclosed) 1 of 1