Announced
Completed
Financials
Tags
computer software
Private Equity
Software
Acquisition
Friendly
Completed
Mandatory Offer
Single Bidder
Domestic
United States
Private
Venture Capital
Synopsis
The New York Times, a media company, completed the acquisition of Audm, a subscription-based audio app. Financial terms were not disclosed. Launched in 2016 by Ryan Wegner and Christian Brink, Audm transforms longform articles into audio. Audm users can listen to hours of new stories every week, from publications including The New York Times, The New Yorker, The Atlantic and a host of other publishers.
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