LinkedIn Acquires Bizo for $175,000,000

  • Feed Type
  • Date
    7/22/2014
  • Company Name
    Bizo
  • Mailing Address
    225 Bush St. San Francisco, CA 94104 USA
  • Company Description
    Bizo has created a new approach to online B2B marketing with precise ad targeting that’s based on a prospect’s bizographics – industry, functional area, seniority, size of company, education, sex, location and more. This unique understanding of a person’s bizographics allows Bizo to deliver powerful ad targeting based on these anonymous attributes and behaviors.
  • Website
    http://www.bizo.com
  • Transaction Type
    M&A
  • Transaction Amount
    $175,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The transaction is valued at approximately $175 million, subject to adjustment, in a combination of approximately 10 percent stock and approximately 90 percent cash. Subject to the completion of customary conditions, the acquisition is expected to close during the third quarter of 2014.

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