Snapchat Acquires Vurb for $185,000,000

  • Feed Type
  • Date
    8/16/2016
  • Company Name
    Vurb
  • Mailing Address
    Undisclosed San Francisco, CA 94104 USA
  • Company Description
    Vurb connects you with the right web app at the right time. Whether you’re planning, doing research, or simply creating a list of things – Vurb intelligently surfaces the best information for you and suggests where to look next.
  • Website
    http://www.vurb.com
  • Transaction Type
    M&A
  • Transaction Amount
    $185,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The purchase price consists of $110 million (75% stock, 25% cash) and $75 million in retention bonuses.