Digiplug – Trade-sale to Faith (2002)

  • Specialist of media applications on mobile phone.
  • Based in Paris, France.
  • IPSA lead investor of a of 2.7M€ round of financing in December 2000.
  • 2nd shareholder of Digiplug, with two (out of five) seats on the Supervisory Board.
  • Acquisition in August 2002 by Faith, Japanese leader of the sector, as part of its expansion in Europe and in order to complement its I-mode technology.
  • IPSA Funds registered a  multiple of 1.6 and an IRR of ~40% .