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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Gaming
andovergames.com

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Stage

Merger | Merged

Valuation

$0000 

About Andover Games

Andover Games creates and distributes game applications on current smartphone and other mobile platforms, namely iOS and Android, as well as future competing smartphone platforms.In March 2012, Andover Games merged with Ascend Acquisition Corp. The valuation of Andover Games was $4 million. As a result of the transaction, Andover Games has become a wholly owned subsidiary of Ascend Acquisition and will continue as its operating subsidiary.

Andover Games Headquarter Location

San Francisco, California,

United States

Latest Andover Games News

Ascend Merges with Kitara Media and NY Publishing

Jun 12, 2013

Ascend does business through subsidiary Andover Games, which will cease to exist after the merger By ALLISON COLLINS Ascend Acquisition Corp. is merging with Kitara Media LLC and New York Publishing Group Inc. in an all-stock deal. The targets will receive 30 million shares of Ascend common stock. Kitara, headquartered in Jersey City, N.J., is an online video services provider. New York Publishing, also based in New Jersey, publishes website and newsletter Adotas, which is geared towards advertising professionals. The deal includes the cancelation of about 26 million shares held by stockholders of Andover Games, a subsidiary of Ascend. Andover Games will cease operations after the deal has closed. The combined company expects revenues of roughly $20 million in 2013 and about $4 million in cash on its balance sheet with no debt. In connection with the transaction, San Francisco-based Ascend plans to change its name to Kitara Media Corp.  

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Expert Collections containing Andover Games

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Andover Games is included in 1 Expert Collection, including Gaming.

G

Gaming

4,519 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

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