Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns run through Agora's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
2 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
On November 27, 2020, shortly after its Nasdaq IPO, Agora acquired 100% of the equity of Netless, a provider of real-time interactive whiteboard technology. The deal added roughly US$0.2 million of developed technology (amortized over five years) and US$3.1 million of goodwill; total consideration, split between cash and share-based awards to Netless staff who joined Agora, was not separately disclosed.
On February 28, 2021, Agora acquired 100% of the equity of Easemob from its shareholders for cash consideration of US$53.4 million. China-based Easemob provided instant-messaging APIs and customer-engagement cloud services. Agora recorded US$4.2 million of customer relationships, US$4.0 million of developed technology, and US$53.1 million of goodwill. Easemob’s instant-messaging business aligned with Agora’s PaaS model, but its customer-engagement cloud business had limited synergies and was divested in early 2023.