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Sony's Funimation Global Group to Acquire Crunchyroll for US$1.175 Billion in Cash


Crunchyroll.
Funimation s website also confirmed the acquisition.
Sony reports that the purchase price is US$1.175 billion, to be paid in cash at closing. None of the companies have provided any further details about the acquisition, and the deal is still awaiting regulatory approvals and other conditions.
In the announcement,
Nikkei Asia reported in October that
Sony was in final negotiations for the
Crunchyroll acquisition. At that time, the newspaper reported that
Sony could end up spending more than 100 billion yen ($957 million). The technology website The Information reported in August that AT&T offered
Crunchyroll to
Sony for US$1.5 billion. The Information stated then that ....

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