Sizmek (SZMK) Reports Q2 Loss of $0.04

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Vector Capital to Acquire Sizmek (SZMK) for $3.90/Share

August 3, 2016 6:04 AM EDT

Sizmek Inc. (NASDAQ: SZMK) announced that it has entered into a definitive agreement with affiliates of Vector Capital (Vector Capital or Vector), a technology-focused private equity firm, under which an affiliate of Vector will acquire all of the outstanding shares of Sizmek common stock for $3.90 per share in an all-cash tender offer (the Vector Agreement).

Vector Capital, founded in 1997, is a San Francisco-based private equity firm that partners with management teams to transform and grow technology businesses. Over its history, Vector has invested $1.6 billion in more than 40 technology... More