Visa Acquires PlaySpan for $190,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ae42d792-5300-423e-863d-47d2c985eb05&Preview=1 - Date
2/9/2011 - Company Name
PlaySpan - Mailing Address
2953 Bunker Hill Lane Santa Clara, CA 95054 - Company Description
PlaySpanTM (formerly Tradeits Inc.) is the game industry’s first publisher-sponsoredTM in-game commerceTM network. PlaySpan’s patent-pending in-game search, commerce and micropayment technologies enables game publishers and developers to generate new revenues, acquire new users and extend the loyalty of existing users. - Website
http://www.playspan.com - Transaction Type
M&A - Transaction Amount
$190,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
Visa will pay approximately $190 million in cash, plus additional consideration for performance milestones.
