Time Inc. is acquiring personal shopping service StyleFeeder

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
ACQUISITION 
FDN Database Reference:  F231109-301
 
Acquirer:  Time Inc
ACQ Web:  http://www.timeinc.com/home/
Location:  USA, New York, NY
Region:  North America
Description:  The largest magazine publisher in the USA.
Category:  Media
Contact 1:  Ann S. Moore, Chairman and CEO
Contact 2:  John Huey, Editor-in-Chief 
 
Vendor:  StyleFeeder
Vendor Web:  http://www.stylefeeder.com/
Location:  USA, Cambridge, MA
Region:  North America
Business Sold: 
Description:  “Personal shopping engine that learns your style and helps you shop for apparel, accessories, shoes, furniture, home goods, jewelry, gadgets.”
Category: Retail
Contact:  Philip Jacob, Founder & CTO 
Aprox. Value:  Undisclosed, though Time Inc. Are expected to announce it shortly.
 
Details:  Time Inc. is acquiring StyleFeeder, an online service that offers personalised shopping recommendations. Ecommerce may be expected to ease the slump in the froups advertising revenues.
 
Link: Wall Street Journal

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