TargetCast Networks Acquires Ripple for Undisclosed Sum

  • Feed Type
  • Date
    9/23/2009
  • Company Name
    Ripple
  • Mailing Address
    2101 Rosecrans Avenue El Segundo, CA 90245
  • Company Description
    Ripple (formerly called ActiveMaps, Inc.) provides digital entertainment and news content in over 400 locations throughout California, Arizona, Nevada and Hawaii. Headquartered in El Segundo, CA, Ripple’s rapidly expanding network currently reaches nearly 10 million unique customers every month. The Company’s current distribution partners include Coffee Bean and Tea Leaf, Diedrich Coffee, Jiffy Lube, CBS Outdoor, Arden Realty, Kilroy Realty and G&L Realty. Ripple’s media partners include ESPN, E! Entertainment, Yahoo!, CBS and Clear Channel.
  • Website
    http://www.rippletv.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed.

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