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Announced

Completed

Reddit completed the acquisition of Spiketrap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Domestic

United States

Friendly

Majority

Single Bidder

Software

Private

Completed

software company

Acquisition

Synopsis

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Reddit, an American social news aggregation, content rating, and discussion website, completed the acquisition of Spiketrap, a software company. Financial terms were not disclosed. “Our goal has always been to contextualize language at scale and in realtime to help creators, brands, and platforms genuinely understand and meaningfully engage their audiences. We're looking forward to scaling these efforts even further as part of Reddit," Kieran Fitzpatrick, Spiketrap CEO and Co-Founder.

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