Evri acquires Twine.com

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:  F231109-353
 
Acquirer:  Evri
ACQ Web:  http://www.evri.com
Other Web Links: Twitter
Location:  USA, Seattle, WA
Region:  North Amerca
Description:  Search and discovery engine that filters the real-time web for news and conversations that matter and distills them into intelligent information streams. Evri is funded by Paul Allen’s Vulcan Capital.
Category:  Search
Contact:  Will Hunsinger, CEO
 
Vendor:  Radar Networks including it’s flagship property, Twine.com
Vendor Web:  http://www.twine.com
Location:  USA, San Francisco, CA
Region:  North America
Description:  Online service for intelligently finding, organizing and sharing information with the people you trust. Radar Networks is backed by Paul Allen’s Vulcan Capital, Fuse Capital, and DFJ, as well as leading angel investors
Category: Search
Contact:  Nova Spivack, CEO
 
Aprox. Value:  Undisclosed
 
Details:  Evri has acquired Radar Networks including it’s flagship property, Twine.com. Radar Networks CEO Nova Spivack said in his blog entry about the acquisition “I am positive about the future for Twine and Evri. I really do believe that Vulcan Capital and Evri have the vision, and the deep pockets, necessary to execute on the long-term vision of the Semantic Web and the work we have done so far at Twine”. Mr. Spivack will continue to be affiliated with Evri in an advisory capacity and the Radar Networks team will consolidate to Evri’s San Francisco offices.
 
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