Mergers & Acquisitions

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Deal Overview

Buyer:
TechTarget, Inc.
Actual Acquirer:
TechTarget, Inc.
Target:
Powell Media, LLC
Deal Type:
New Media
Agreement Date:
4/12/2010
Announcement Date:
4/12/2010
Announced Deal Value ($ M):
2.20
Status:
Completed
Completion Date:
4/12/2010

Consideration Breakout
Cash ($M) 1.3
Contingent Payments ($M) 0.9

Deal Terms
Description of Consideration

TechTarget Inc. paid $1.3 million in cash and $0.9 million a future earn out potential payment to acquire Powell Media LLC.

Accounting Method Acquisition
Merger of Equals? No
Goodwill Generated ($ 000) 1,570