Acquiring Company
Vistas Media Acquisition Company
Acquired Company
Anghami
Abu DhabiMedia And EntertainmentMedia And EntertainmentMusic And AudioDescription
Anghami has become the first Arab tech company to be listed on Nasdaq through a merger with Vistas Media Acquisition Company. This transaction valued Anghami between $220 million and $230 million. The acquisition will enable Anghami to expand its services and user base in the music streaming industry.
M&A Insights
Based on deal dataFrequently asked
Who acquired Anghami?
Anghami was acquired by Vistas Media Acquisition Company. The deal was reported on August 2, 2026. Vistas Media Acquisition Company is a special purpose acquisition company (SPAC) focused on media and entertainment. They aim to drive growth and innovation within their portfolio. Vistas Media Acquisition Company is privately held and operates in Media And Entertainment.
When did Vistas Media Acquisition Company acquire Anghami?
Vistas Media Acquisition Company's acquisition of Anghami was reported on August 2, 2026. Anghami has become the first Arab tech company to be listed on Nasdaq through a merger with Vistas Media Acquisition Company. This transaction valued Anghami between $220 million and $230 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Anghami do?
The first, most established and fastest-growing music technology platform in the Middle East and North Africa region, Anghami is the go-to destination for Arabic and International music and entertainment, creating artists, and connecting people. It is publicly traded (ANGH), operating in Media And Entertainment, and is based in Abu Dhabi.