Tag: TokBox acquired by Telefónica

(OpenTok) TokBox Acquisition Price

Several people have commented on the speculative nature of my earlier article on the TokBox acquisition being a semi-fire sale.  I want to give our readers a more thorough explanation for my statements. When a company is acquired for more than $20-30M, typically the price is leaked, since the acquiring…

TokBox Picked Up By Telefónica – A Sad Day For Its People

Last week, a struggling TokBox announced its acquisition by Telefónica Digital for an undisclosed amount.  This is a pretty sad news for TokBox and its investors. They raised a lot of money, and given this is a semi-fire sale, its investors lost money.  Also, its people, who have worked long…