Snapchat Acquires Vurb for $185,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=731eb78b-b8d5-4e22-b4a0-8738d08a6c44 - Date
8/16/2016 - Company Name
Vurb - Mailing Address
Undisclosed San Francisco, CA 94104 USA - Company Description
Vurb connects you with the right web app at the right time. Whether you’re planning, doing research, or simply creating a list of things – Vurb intelligently surfaces the best information for you and suggests where to look next. - Website
http://www.vurb.com - Transaction Type
M&A - Transaction Amount
$185,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
The purchase price consists of $110 million (75% stock, 25% cash) and $75 million in retention bonuses.
