About This Deal

Microsoft Corporation acquired Flipgrid, a transaction announced in June 2018.

Flipgrid operates in Microsoft Education, is based in Minneapolis, Minnesota, United States. Flipgrid is a video-based social learning platform that helps students build communication and social-emotional skills, used in 180 countries by more than 20 million users from pre-kindergarten through Ph.D. Microsoft acquired it for Microsoft Education and made it free for schools.

Bring social-emotional and communication-skill learning to Microsoft Education and offer the platform free to schools.

Deal Terms

Acquirer
Microsoft Corporation
Target
Flipgrid
Value
Not disclosed
Date
June 2018
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Minneapolis, Minnesota, United States
Segment
Microsoft Education
Announced
June 18, 2018

In Their Words

We're thrilled to see the impact Flipgrid has had in social learning thus far and look forward to helping them continue to thrive as part of the Microsoft family.Eran Megiddo, Corporate Vice President, Microsoft

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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