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IP Group invests $0.78 million in TheySay
Feb 14, 2012 (Datamonitor Financial Deals Tracker via COMTEX) --
IP Group plc, an intellectual property (IP) commercialization company, has invested up to GBP0.5 million in TheySay Limited, a developer of software to understand the tone and sentiment of written materials. Both the companies are based in the UK.
Pursuant to the transaction, IP Group will hold a 40% interest in TheySay.
Deal Value (US$ Million) 0.78
Deal Type Venture Finance
Sub-Category None
Deal Status Completed: 2012-02-13
Deal Participants
Target (Company) TheySay Limited
Acquirer (Company) IP Group plc (formerly IP2IPO Group Plc)
% Acquisition 40%
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