M&A Deal Summary

Ziff Davis Acquires CudaMail

On January 17, 2017, Ziff Davis acquired internet software and services company CudaMail from Optrics

Acquisition Highlights
  • This is Ziff Davis’ 42nd transaction in the Internet Software and Services sector.
  • This is Ziff Davis’ 7th transaction in Canada.
  • This is Ziff Davis’ 3rd transaction in Alberta.

M&A Deal Summary

Date 2017-01-17
Target CudaMail
Sector Internet Software and Services
Buyer(s) Ziff Davis
Sellers(s) Optrics
Deal Type Divestiture

Target

CudaMail

Edmonton, Alberta, Canada
CudaMail is a provider of cloud based spam-free, and virus-free email services.

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Buyer(S) 1

Buyer

Ziff Davis

New York, New York, United States

Category Company
Founded 2014
Sector Internet Software and Services
Employees4,200
Revenue 1.4B USD (2023)
DESCRIPTION

Ziff Davis is a provider of Internet fax, virtual phone, hosted email, email marketing, online backup, unified communications, and CRM solutions. Ziff Davis was founded in 1995 and is based in New York City.


DEAL STATS #
Overall 71 of 84
Sector (Internet Software and Services) 42 of 52
Type (Divestiture) 7 of 9
State (Alberta) 3 of 3
Country (Canada) 7 of 7
Year (2017) 2 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Fonebox Pty

Brisbane, Australia

Fonebox Pty Ltd. is a inbound telecommunication service provider in Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 MX Force

Dallas, Texas, United States

MX Force LLC is a managed email security service firm offering disaster recovery, reporting, exporting and real-time protection solutions for businesses. MX Force LLC was founded in 2004 and is based in Dallas, Texas.

Buy -

Seller(S) 1

SELLER

Optrics

Edmonton, Alberta, Canada

Category Company
Sector Information Technology
DESCRIPTION

Optrics, Inc. (dba Optrics Engineering) is an engineering firm with certified IT staff specializing in network-specific software and hardware solutions. Committed to our clients, Optrics provides reliable and cost-effective solutions without performance compromise.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1