E-mail service provider Digital Impact Inc., San Mateo, CA, has entered into a definitive agreement to acquire MineShare Inc.
Digital Impact will acquire all of MineShare in exchange for approximately 2 million shares of Digital Impact common stock. The transaction is valued at $34 million. It is subject to approval by MineShare’s stockholders and is expected to be completed in the next several weeks.
MineShare is a customer intelligence and analysis company. After the purchase, it will continue to operate from its Santa Monica, CA, location.