Snap acquires advertising technology firm, Flite
Date reported: 18-December-2016
Type: M&A
Sector Group / Sector: Internet / Ad Technology
Buyer / Investor
Name: Snap
Location: North America & Caribbean / United States
Business type: Trade
Target / Investee
Name: Flite
Location: North America & Caribbean / United States
Seller
Name: N.A.
Location: North America & Caribbean / United States
Business type: Financial
Deal details
% stake: N.A.
Amount: USD millions
Description: Snap acquires advertising technology firm, Flite. Flite ofers a range of tools to produce ads including video ads (which are a key part of Snap`s offering). Flite`s investors include Sequoia Capital and General Catalyst.
Advisors