Mandalay Digital Group Acquires Appia for $65,000,000

  • Feed Type
  • Date
    11/13/2014
  • Company Name
    Appia
  • Mailing Address
    320 Blackwell Street 3rd Floor Durham, NC 27701 USA
  • Company Description
    Appia is the world’s largest cross platform, open app store and content marketplace with a catalog of more than 140,000 paid and free titles available for discovery and download.
  • Website
    http://www.appia.com
  • Transaction Type
    M&A
  • Transaction Amount
    $65,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Mandalay Digital is acquiring Appia’s equity for $65 million based on its closing stock price as of November 12 of $3.40.

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