Zynga has agreed to acquire fellow social games developer Serious Business

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:  F231109-328
 
Acquirer:  Zynga
ACQ Web:  http://www.zynga.com
Other Web Links: BlogTwitter
Location:  USA, San Francisco, CA
Region:  North America
Description:  Heavily invested in social gaming company, Zynga was founded in July 2007. Best known games are “FarmVille” and “Mafia Wars”.
Category:  Social Gaming
Contact 1:  Mark Pincus, Founder and CEO
Contact 2:  Andrew Trader, co-founder
 
Vendor:  Serious Company
Vendor Web:  http://www.seriousbusiness.com
Location:  USA, San Francisco, CA
Region:  North America
Description:  Social games developer for the Facebook platform. Headquartered in San Francisco, and backed by Lightspeed Venture Partners, the company combines unique game concepts with rigorous analysis to create highly social games. The flagship game is Friends for Sale! and is played by over 6,000,000 people.
Category: Social Games
Contact 1:  siqi chen, founder and ceo
Contact 2:  alex le, founder and cto
Contact 3:  ryan j. ferrier, coo
 
Aprox. Value:  Undisclosed
 
Details:  Zynga has agreed to acquire Serious Company. Both are social games developers on Facebook. Zynga has so far raised a huge $219,000 in funding. Analysts expect the sector to produce a number of IPOs this year and have speculated Zynga could raise more than $1 billion in an IPO.
 
Link: Reuters
  
Previous reports about Zynga on FusionDigiNet

Break Media acquires gaming website FileFront

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:  F231109-327
 
Acquirer:  Break Media
ACQ Web:  http://breakmedia.break.com 
Location:  USA, Los Angeles, CA
Region:  North America
Description:  Break Media is an entertainment properties and provider of content – video, editorial, and games – to men online. The company’s branded properties are Break.com, CagePotato, MadeMan, Chickipedia, HolyTaco, ScreenJunkies and AllLeftTurns. Plus Break Media publisher sites.
Category:  Online Games
Contact:  Keith Richman, CEO
 
Vendor:  FileFront
Vendor Web:  http://www.filefront.com
Other Web Links: Twitter, Facebookmyspace
Location:  USA, Spring, TX
Region:  North America
Description:  A provider of gaming news, downloads. FileFront was created by I/O Error Development and first launched in December 2001.
Category: Online Games
Contact:  Jon Soucy, senior editor at FileFront
 
Aprox. Value:  Undisclosed (7 figures according to paidContent)
 
Details:  Break Media has acquired FileFront. Break Media will fold FileFront into its primary group of branded sites and invest significantly in the editorial components of the site, with an aim to provide both Break Media and FileFront users with additional premium gaming content.
 
Link: Press Release

Canon Communications may acquire several trade publications from RBI U.S.

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 – NEWS 

FDN Database Reference:  F231109-326
 
According to BtoB Media Business Canon Communications is in talks to acquire several trade publications from Reed Business Information U.S. Their information comes from “several industry sources”.
 
 The RBI publications may include – Control Engineering, EDN, Design News, Packaging Digest and Test & Measurement World.
 
 Fusion DigiNet has reported on two RBI sales in the past few months:

Social search engine Aardvark has been acquired by Google

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:  F231109-325
 
Acquirer:  Google
ACQ Web:  http://www.google.com
Location:  USA, California
Region:  North Amerca
Description:  Internet search, e-mail, online mapping, office productivity, social networking, video sharing
Category:  Search
Contact 1:  Eric E. Schmidt, Chairman & CEO
Contact 2:  Sergey M. Brin, Technology President
Contact 3:  Lawrence E. Page, Products President 
 
Vendor:  Aardvark
Vendor Web:  http://vark.com
Other Web Links: Blog, Facebook
Location:  USA, San Francisco, CA
Region:  North Amerca
Description:  Aardvark was founded in late 2007. According to Aarvark, the company was was conceived as the first Social Search engine: a way to find people, not web pages, that have specific information.

Category: Search
Contact 1:  Max Ventilla, CEO, co founder
Contact 2:  Rob Spiro, Co-Founder
Contact 3:  Damon Horowitz, Co-Founder
Contact 4:  Nathan Stoll, Co-Founder
Aprox. Value:  Approximately $50,000,000
 
Details:  Social search engine Aardvark has been acquired by GoogleAardvark will continue to run over IM and email, on the Aardvark Mobile iPhone app, and on vark.com.The Aardvark team will continue working together within Google.
 
Links: 

Related DigiNet entries

Herb Simon buys book reviewer Kirkus Reviews

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:  F231109-324
 
Acquirer:  Herb Simon
Location:  USA, Indianapolis, IN
Region:  North America
Description:  Herb Simon is a business man and owner of the National Basketball Association’s Indiana Pacers and Chairman Emeritus of the Simon Property Group, an S&P 500 corporation.
Category:  Private
Contact 1:  Herb Simon
Contact 2:  Marc Winkelman, will become CEO of Kirkus Media
 
Vendor:  The Nielsen Company
Vendor Web:  http://www.nielsen.com
Business Sold: Kirkus Reviews
Location:  USA, Austin, TX
Region:  North America
Description:  Kirkus Reviews is a prepublication journal of book reviews. The company was founded in 1933. It is published biweekly and reviews, 2 to 3 months before the publication date, approximately 5,000 titles per year: fiction, mysteries, sci-fi, translations, nonfiction, and children’s and young-adult books.
Category: Reviews
Contact 1:  Andy Bilbao, Senior Vice President, Nielsen Business Media
 
Aprox. Value:  Undisclosed
 
Details:  Kirkus Reviews, the prepublication journal of book reviews, has been acquired by businessman Herb Simon from The Nielsen Company. Kirkus Media will be headed by Marc Winkelman, who is CEO of Calendar Holdings, a specialty retailer in which Simon has an interest. Herb Simon andMarc Winkelman also co-own Tecolote Books, an independent bookstore in Montecito, California.
 
Link: Kirkus Reviews Announcement

CME buys 90% stake of the Dow Jones Indexes business for $607.5 million

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:  F231109-323
 
Acquirer:  CME Group
ACQ Web:  http://www.cmegroup.com
Location:  USA, Chicargo, IL
Region:  North America
Description:  CME Group is an equity index derivatives marketplace, offering futures and options on key benchmark indexes that cover the spectrum of small-, medium- and large-cap indexes in the U.S., Europe and Asia, including the DJIA as well as the S&P 500, NASDAQ-100, Nikkei 225 Stock Average, MSCI EAFE, FTSE/Xinhua China 25.
Category:  Finance, Derivatives
Contact 1:  Terry Duffy, CME Group Executive Chairman
Contact 2:  Craig Donohue, CME Group Chief Executive Officer  
 
Vendor:  News Corporation
Vendor Web:  http://www.newscorp.com 
Location:  USA, New York, NY
Region:  North America
Business Sold: A controlling stake in Dow Jones Indexes
Description:  Dow Jones & Company is a News Corporation company (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) and a leading provider of global news and business information. Its principal products include The Wall Street Journal, Dow Jones Newswires, Dow Jones Factiva, Barron’s, MarketWatch and Dow Jones Indexes. Its Local Media Group operates community-based newspapers and Web sites. Dow Jones also provides news content to television and radio stations.
Category: Finance, media owner
Contact 1:  Les Hinton, chief executive officer of Dow Jones

Details:  

CME Group and Dow Jones have signed a definitive agreement in which CME Group will take a 90 percent ownership interest and Dow Jones will take a 10 percent ownership interest in a new joint venture that will own the Dow Jones Indexes.

Dow Jones will contribute the Dow Jones Indexes business, valued at $675 million, to the joint venture.  CME Group will contribute certain market data services, valued at $607.5 million, to the joint venture.  The venture also will raise approximately $613 million in third-party debt which will be used to pay a $607.5 million distribution to Dow Jones.

Terms of the agreement provide for the joint venture to license the Dow Jones name for the new index services business on a long-term basis.  Ownership of the Dow Jones brand, including trademarked names, will remain with Dow Jones.  The managing editor of The Wall Street Journal will continue to participate in decisions regarding constituent stock selection for the Dow Jones Industrial Average and other index products.

The transaction is expected to close during the first quarter of 2010.
 
Links: 

Metropolis acquires B2B publisher Assertive Media Group

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:  F231109-322
 
Acquirer:  Metropolis International Group
ACQ Web:  http://www.metropolis.co.uk
Head Office: United Kingdom, London
Region:  Europe
Description:  Media group, established in 1994, that specialises in consumer, business and travel publishing alongside websites, awards, events, public sector contracts and reward & benefit programmes for consumers and corporate partners.
Category:  Media, B2B Publishing, Consumer Publishing
Contact 1:  Jonathan Mills, CEO and Chairman
Contact 2:  Andy McDuff, MD Consumer Publishing
Contact 3:  Kevin Crook, MD Business Publishing
Contact 4: Richard Hutchinson, Finance Director
 
Vendor:  Assertive Media Group
Vendor Web:  http://www.amgl.co.uk
Other Web Links: Facebook
Location:  United Kingdom, Staffordshire
Region:  Europe
 
Description:  Publisher of ACQ Magazine
Category: B2B Publishing
  
Aprox. Value:  Undisclosed
 
Details:  Metropolis International Group has acquired B2N publisher Assertive Media Group, publisher of ACQ magazine

Social search website LIKEME raises $3.125M

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:  F231109-351
 
Business:  LIKEME
Web:  http://likeme.net
Other Web Links: Twitter  Facebook, YouTube
Location:  USA, Denver, CO
Region:  North America
Business description:  Search website that provides recommendations from people who like thesame things.
Category: Search
Contact 1:   Jeff Giarraputo, President & CEO
Contact 2:  BIll Jensen, Director (also Director of New Media at Village Voice Media) Linkedin
 
Investors:  Undisclosed
  
Amount raised:  $3,124,997
 
Details:  According to an SEC filing, LIKEME has raised $3.125 million.

Link:  Regulatory Filing

Celebrity website iFolio raises $1M

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:  F231109-350
 
Business:  iFolio
Web:  http://ifollo.com
Other Web Links: Facebook, Twitter 
Location:  USA, Park City, UT
Region:  North America
Business description:  interactive, online, fan-based community that enables people to share personal celebrity experiences, photos and video.
Category: Consumer website
Contact 1:  Colin House, CEO, iFolio
 
Investors:  Robert Trump, president, Trump Management

Amount raised:  $1,000,000
 
Details:  iFollo.com has announced a $1 million investment from investor Robert S. Trump.

Link:  Press Release

Motorola Ventures Leads Financing for TuneWiki

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:  F231109-349
 
Business:  TuneWiki
Web:  http://www.tunewiki.com
Other Web Links: Facebook
Location:  British Virgin Islands
Region:  Latin America and Caribbean
Business description:  TuneWiki is a social media music player with the largest legally-licensed lyrics database in the world.
Category: Music
Contact 1:  Rani Cohen, CEO, TuneWiki
Contact 2:  Reese Schroeder, Managing Director, Motorola Ventures 
 
Investors:  Motorola, Inc., through its strategic investment arm, Motorola Ventures. Motorola acted as lead investor and was joined by new investors Intellect Capital Ventures, a venture fund initiative of TeliaSonera, the leading Nordic Telecommunications operator, managed by Intellect Partners, as well as HillsVen Capital, LLC and Novel TMT. TuneWiki’s previous venture capital investor, Benchmark Israel, also participated in the round.
 
Amount raised:  Undisclosed 
 
Details:  TuneWiki will use the investment to expand and enhance its product offerings for leading mobile platforms and the Internet.

Link:  Motorola Announcement