Self-publishing website Wattpad completes first round of funding

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
 
FUND RAISING 
Database Reference:  F231109-317
 
Business:  Wattpad
Web:  http://www.wattpad.com
Location:  Canada, Toronto
Region:  North America
Business description:  Allows anyone to publish. All the content can be easily accessed on Wattpad’s website, mobile site or through the Wattpad application supported on all mobile devices including Apple iPhone, Google Android, RIM BlackBerry, Nokia, Motorola, Sony Ericsson, Samsung, LG and more.

Category: e-books
Contact 1:  Allen Lau, CEO and Co-founder of Wattpad
Contact 2:  Ivan Yuen, co-founder 
 
Investors:  A consortium of private investors including Harvey Beck and Alan Levine, former co-CEOs of ICOM and Bert Amato, co-founder of Delrina
  
Amount raised:  Undisclosed
 
Details:  Wattpad has completed its first round of funding. The investment we received will be used to leverage the company’s rapid growth and expand engineering, marketing and business development efforts.

Link:  Press Release

Reliance Mediaworks has acquired film processing firm iLab UK

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:  F231109-292
 
Acquirer:  Reliance Mediaworks
ACQ Web:  http://www.adlabsfilms.com
Location:  India, Mumbai
Region:  Asia
Description:  Film and entertainment services company and a member of the Reliance Anil Dhirubhai Ambani Group. Operates BIG Cinemas, India’s largest cinema chain with 500 screens across India, US, Malaysia and Netherlands. Also – Film Services: Motion Picture Processing and DI; Visual Effects; Film Restoration and image enhancement; Digital Mastering: Studios and Equipment rentals with facilities located in US and India.
Category:  Entertainment, Film, TV Production
Contact:  Anil Arjun, CEO
 
Vendor:  Ilab UK
Vendor Web:  http://www.ilabuk.co.uk
Location:  United Kingdom
Region:  London
Description:  Ilab offers bespoke, specialist rushes service for the commercials, feature and broadcast market.
Category: Film Production, TV Production
Contact:  Nigel Horn, Managing Director
 
Aprox. Value:  Undisclosed
 
Details:  Reliance Mediaworks Ltd, formerly Adlabs Films, has acquired the assets of Ilab UK. The acquisition marks its entry into the UK market. The shares of RMW touched a high of Rs 286 on news of the acquisition before falling to Rs 280.70 by 2.45 PM.
 
Link: VCCircle

Internet Capital Group leads acquisition of GovDelivery

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:  F231109-291
 
Acquirer:  Internet Capital Group, Inc. (Nasdaq: ICGE)
ACQ Web:  http://www.internetcapital.com
Location:  USA, Wayne, PA
Region:  North America
Description:  Internet Capital Group acquires and builds Internet software companies that drive business productivity and reduce transaction costs between firms.
Category:  Private equity
Contact 1:  Walter Buckley, CEO
Contact 2:  Doug Alexander, President

Vendor:  GovDelivery, Inc.
Vendor Web:  http://www.govdelivery.com
Location:  USA, St. Paul, MN
Region:  North America
Description:  GovDelivery is the leading provider of government-to-citizen communication solutions.
Category: Communications
Contact:  Scott Burns, CEO and co-founder
 
Aprox. Value:  $19.7 million for 89% ownership
 
Details:  Internet Capital Group, Inc. (Nasdaq: ICGE) today announced that, together with management,  it has acquired GovDelivery, Inc.
 
Link: Press Release

Jive Business Software acquires social media monitoring business Filtrbox

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:  F231109-290
 
Acquirer:  Jive Software
ACQ Web:  http://www.jivesoftware.com
Location:  USA, Portland, OR
Region:  North America
Description:  Jive combines social networking software, collaboration software, and community software to manage employees, customers, and partners on a unified platform.
Category:  Software, Technology
Contact 1:  Dave Hersh, CEO
Contact 2:  Chris Morace, SVP of Products   
 
Vendor:  Filtrbox
Vendor Web:  http://www.filtrbox.com
Location:  USA: Boulder, CO
Region:  North America
Description:  Social media monitoring
Category: Software, Technology
Contact:  Ari Newman, Founder and President
 
Aprox. Value:  Undisclosed
 
Details:  Jive, the Social Business Software business, has acquired Filtrbox, a social media monitoring  business. Jive will integrate the Filtrbox real-time social media monitoring and engagement capabilities into the Jive SBS platform.
 
Link: Press Release
 
 More details about the acquisition:

Online media recruitment business The Friday Pint acquired by Haymarket

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:  F231109-289
 
Acquirer:  Haymarket
ACQ Web:  http://www.haymarket.com
Location:  United Kingdom, London
Region:  Europe
Description:  Large publisher covering a broad spread of markets, from sport to medicine, from technology to town planning.
Category:  Media
Contact:  Simon Devitt, Online Publishing Director
 
 
Vendor:  The Friday Pint
Vendor Web:  http://themediasalescup.co.uk and others
Location:  United Kingdom, London
Region:  Europe
Description:  The Friday Pint is a network of websites and events for commercial media professionals, that includes media sales jobs and media sales jobs UK
Category: Recruitment
Contact 1:  Lee Branch, Co-founder
Contact 2:  Jill Finch, Co-founder
  
Aprox. Value:  Undisclosed
 
Details:  media sales jobs and media sales jobs UK, will be merged with Haymarket’s MediaWeekjobs.co.uk. Haymarket’s  MediaWeek will also become the headline sponsor of The Media Sales Cup – the annual 5-a-side football tournament for advertising sales teams.

Games on demand company Gaikai raises $5M

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
 
FUND RAISING 
Database Reference:  F231109-316
 
Business:  Gaikai
Web:  http://www.gaikai.com
Location:  The Netherlands, Greater Amsterdam area
Region:  Europe
Business description:  technology that lets you play any game online in your browser
Category: Technology, Online Games
Contact 1:  David Perry, founder
Contact 2:  Andrew Gault, founder
Contact 3:  Rui Pereira, founder

Investors:  Undisclosed
 
Amount raised:  $5,000,000
 
Details:  No details provided. Mitch Lasky of Benchmark Capital is listed as a director on the filing – his profile

Link:  Regulatory Filing

LivingSocial raises $5 million to expand group-shopping deals

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
 
FUND RAISING 
Database Reference:  F231109-315
 
Business:  LivingSocial
Web:  http://livingsocial.com
Location:  USA, Washington D.C
Region:  North America
Business description:  Description: Lets people review and share books, movies, restaurants and other types of entertainment
Category: Reviews
Contact 1:  Tim O’Shaughnessy, CEO and Co-founder
Contact 2:  Eddie Frederick, President and Co-founder
Contact 3:  Aaron Batalion, CTO and Co-founder
Contact 4:  Val Aleksenko, CIO and Co-founder
 
Investors:  Grotech Ventures, AOL co-founder Steve Case and Jean Case. LivingSocial’s CEO Tim O’Shaughnessy
 
Amount raised:  $5,000,000
 
Details:  The company plans to use the money to expand its group-buying deals.
Link:  VentureBeat

Seesmic acquires social network posting service Ping.fm

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:  F231109-288
 
Acquirer:  Seesmic
ACQ Web:  http://www.seesmic.com
Location:  USA, San Francisco, CA
Region:  North America
Description:  Enables management of Twitter and Facebook accounts from desktop and mobile apps
Category:  Technology, App, Social Network
Contact:  Loic Le Meur, Founder & CEO
  
Vendor:  Ping.fm
Vendor Web:  http://www.ping.fm
Location:  “USA, Tulsa, OK
Region:  North America
Description:  Enables updating of multiple social network posts from one place
Category: Technology, App, Social Network
Contact 1:  Adam Duffy, co-founder
Contact 2:  Sean McCullough, co-founder
 
Aprox. Value:  Undisclosed
 
Details:  Seesmic acquires ping.fm. Ping’s angel investors become shareholders and advisors Joi Ito, Reid Hoffman who was already a Seesmic shareholder and Mohamed Nanabhay.
 
Link: Seesmic Blog

Apple acquires mobile ad network Quattro Wireless

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:  F231109-287
 
Acquirer:  Apple
ACQ Web:  http://www.apple.com
Location:  USA, Cupertino, CA
Region:  North America
Description:  American multinational corporation that designs and manufactures consumer electronics and computer software products
Category:  Consumer electronics: Software
Contact:  Steve Jobs, CEO

 
Vendor:  Quattro Wireless
Vendor Web:  http://www.quattrowireless.com
Location:  USA, Waltham, MA
Region:  North America
Description:  mobile advertising company, empowering advertisers and publishers to reach and engage their target audiences across mobile web, application and video platforms
Category: Mobile, Advertising
Contact:  Andy Miller, CEO and co-founder
 
Aprox. Value:  Undisclosed
 
Details:  Apple acquires Quattro Wireless. Co-founde Quattro Wirelees Andy Miller becomes Apple’s Vice President, Mobile Advertising. For now all services remain unchanged and client and support teams will remain the same
 
Link: Quattro Blog
 
Related DigiNet Article  

HMV acquires live events and media business MAMA Group in a deal valued at £46M

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:  F231109-286
 
Acquirer:  HMV
ACQ Web:  http://www.hmvgroup.com
Location:  United Kingdom, London
Region:  Europe
Description:  Specialist retailer of Music, DVD/Video, Computer Games and Related Products
Category:  Retail
Contact:  Simon Fox, Chief Executive
 
Vendor:  MAMA Group PLC
Vendor Web:  http://www.mamagroup.co.uk
Location:  United Kingdom, London
Region:  Europe
Description:  Public company focused on music and media businesses and comprised of three divisions: Live Music,Artist Services and Consumer services.
Category: Media, Events
Contact 1:  Dean James, Co-Chief Executive
Contact 2:  Adam Driscoll, Co-Chief Executive

Aprox. Value:  £46,000,000
 
Details:  HMV Group plc and MAMA Group Plc have announced that agreement has been reached on a recommended cash offer to be made by HMV to acquire all of the issued and to be issued Ordinary Shares of MAMA not already owned by HMV. The Offer will be 5.4 pence per MAMA Share in cash and values the entire issued share capital of MAMA at approximately £46 million on a fully diluted basis. The Offer representsa premium of approximately 23.4 per cent. to the middle market price of a MAMA Share at the close of business on 4 December 2009 and a discount of approximately 1.8 per cent. to the closing price of 5.5 pence per MAMA share on 22 December 2009.
 
Link: Press Release