ValueClick Acquires Dotomi for $295,000,000

  • Feed Type
  • Date
    8/2/2011
  • Company Name
    Dotomi
  • Mailing Address
    168 N. Clinton St. Chicago, IL 60661
  • Company Description
    Dotomi creates a direct relationship between marketers and consumers by opening a one-to-one messaging channel through banner ad real-estate. Dotomi is 100% privacy compliant to enable consumers to rule over the messages they receive from their favorite marketers.
  • Website
    http://www.dotomi.com
  • Transaction Type
    M&A
  • Transaction Amount
    $295,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the agreement, ValueClick will acquire all outstanding equity interests in Dotomi for a total up-front consideration of approximately $295 million, consisting of approximately 55 percent in cash and 45 percent in ValueClick common stock. ValueClick anticipates receiving approximately $15 million in working capital from Dotomi at closing.

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