Warsaw-based mobile and multi-language audiobook company Audioteka has been acquired by Wirtualna Polska Holding Group, in a deal worth nearly €17 million for 100% shares, Tech.eu has learned.
The takeover began last year, in September 2022 when Wirtualna Polska Holding Group (Wirtualna Polska Media and Stacja Służew), bought 60% of Audioteka’s shares, with provisions for the remaining shares and subscription warrants to be acquired.
“Audioteka is a well-managed product in the rapidly growing category of audio services. Thanks to this acquisition, we diversify the revenues of Wirtualna Polska Media with another, next to WP Pilot, subscription service, which is used by over 200,000 people,” said Jacek Świderski, President of the Management Board of Wirtualna Polska Holding. (Mam StartUp)
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