Archenia Acquired by Marchex | Technology M&A Deal

Marchex has acquired Archenia, a technology other business in Washington, for $10 million. Archenia operates in technology other capabilities that support Marchex’s platform acquisition strategy and broader technology M&A roadmap. Marchex acquisitions in WA focus on expanding product and data capabilities through a strategic acquisition of 100% of Archenia’s outstanding shares. The strategic acquisition is structured as a platform acquisition with an announced deal size of $10M–$25M, and Marchex formed an independent special committee to evaluate the transaction involving related sellers.