Visa Acquires PlaySpan for $190,000,000

  • Feed Type
  • Date
    2/9/2011
  • Company Name
    PlaySpan
  • Mailing Address
    2953 Bunker Hill Lane Santa Clara, CA 95054
  • Company Description
    PlaySpanTM (formerly Tradeits Inc.) is the game industry’s first publisher-sponsoredTM in-game commerceTM network. PlaySpan’s patent-pending in-game search, commerce and micropayment technologies enables game publishers and developers to generate new revenues, acquire new users and extend the loyalty of existing users.
  • Website
    http://www.playspan.com
  • Transaction Type
    M&A
  • Transaction Amount
    $190,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Visa will pay approximately $190 million in cash, plus additional consideration for performance milestones.