UBC Media Acquires 7digital for Undisclosed Sum

  • Feed Type
  • Date
    3/20/2014
  • Company Name
    7digital
  • Mailing Address
    580 Howard St San Francisco, CA 94103 USA
  • Company Description
    7digital is the world’s leading digital music and content technology platform, and provides open access to the broadest catalogue of fully licensed, high quality digital music. The company powers comprehensive digital music services for consumers, developers and a wide range of partners around the world.
  • Website
    http://www.7digital.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The deal is a reverse takeover that, if consummated, would give privately held 7 Digital a listing on the stock exchange, and create a combined company that includes digital music delivery along with audio content production and services. Financial terms of the deal were not disclosed.