Demand Media Acquires Saatchi Online for $17,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8baa5f9a-19ad-4d32-a8e5-3f9a53313bd0 - Date
8/11/2014 - Company Name
Saatchi Online - Mailing Address
604 Arizona Ave. Santa Monica, CA 90401 USA - Company Description
Saatchi Online is a platform that allows emerging artists to showcase and sell their work and gives art lovers insider access to new talent from around the world. - Website
http://www.saatchionline.com - Transaction Type
M&A - Transaction Amount
$17,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
The company was acquired for total consideration of approximately $17 million comprised of a mix of cash and stock.
