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: F231109-345
Acquirer: HomeAway
ACQ Web: http://www.HomeAway.com
Other Web Links:
Head Office: USA, Austin, TX
Region: North America
Description: Online vacation rentals, listing almost 430,000 paid vacation rental homes throughout 120 countries. The HomeAway portfolio includes HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; and HomeAway.es in Spain.
Category: Travel, Rental
Contact: Brian Sharples, chief executive officer
Vendor: BedandBreakfast.com
Vendor Web: http://www.BedandBreakfast.com
Location: USA, Austin, TX
Region: North America
Description: Founded in 1995, BedandBreakfast.com is a specialty travel website with detailed information on over 10,000 B&Bs worldwide. BedandBreakfast.com also owns and operates RezOvation (property management systems).
Category: Travel, Rental
Contact: Eric Goldreyer, CEO and founder
Aprox. Value: Undisclosed
Details: HomeAway, Inc. today announced its acquisition of BedandBreakfast.com
Link: Press Release
HomeAway acquires BedandBreakfast.com
March 3, 2010 — Fusion DigiNetSony acquires Media Molecule, the creator of LittleBigPlanet
March 3, 2010 — Fusion DigiNetThe 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: F231109-344
Acquirer: Sony Computer Entertainment
ACQ Web: http://www.scei.co.jp
Other Web Links: Playstation
Head Office: Japan, Tokyo
Region: Asia
Local Office: Sony Computer Entertainment Europe
Region: Europe, London
Description 1: Sony Computer Entertainment – manufacturers, distributes and markets the PlayStation® game console, the PlayStation®2 computer entertainment system, the PSP® (PlayStation®Portable) handheld entertainment system and PlayStation®3 (PS3™) system. The company develops, publishes, markets and distributes software, and manages the third party licensing programs for these platforms in the respective markets worldwide. Sony Computer Entertainment Inc. is an independent business unit of the Sony Group.
Description 2: Sony Computer Entertainment Worldwide Studios – is responsible for the global creative, technical and strategic direction setting of development and production of computer entertainment software for the PlayStation family. SCE WWS directly employs over 2,500 people in its 15 studio locations around the world.
Category: Computer Games
Contact: Shuhei Yoshida, President, Sony Computer Entertainment Worldwide Studios
Vendor: Media Molecule
Vendor Web: http://www.mediamolecule.com
Other Web Links: Twitter
Location: UK, Guildford, Surrey
Region: Europe
Description: Media Molecule is a video game developer. The studio was founded in January 2006 by former Lionhead Studios employees Mark Healey, Alex Evans, Dave Smith, and Kareem Ettouney. They are best known as the creator’s of LittleBigPlanet. Media Molecule won the Studio of the Year award at the Spike Video Game Awards 2008. The game also won numerous game of the year awards leading to a ‘Game Of The Year Edition’ a year later.
Category: Computer Games
Contact 1: Alex Evans, co-founder
Contact 2: Mark Healey, co-founder
Aprox. Value: Undisclosed
Details: Sony Computer Entertainment (SCE) has acquired game developer Media Molecule, creator of the PlayStation®3 (PS3™) exclusive title, LittleBigPlanet™. Media Molecule will join as part of SCE’s global development operation, SCE Worldwide Studios.
Links:
Scripps sells uSwitch to Forward Internet Group – updated
March 2, 2010 — Fusion DigiNetThe 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 – UPDATED ENTRY
FDN Database Reference: F231109-280
According to their SEC Form 10-K and first reported on PaidContent today, the cash portion of the sale was around $10 million. Scripps Networks Interactive bought the site three years ago for $366 million.
However, the filing also reads, “The gain on the uSwitch divestiture reflects the recognition of $44.4 million in foreign currency translation gains that were previously recognized in equity as a component of accumulated other comprehensive income (loss). The foreign currency translation gains was partially offset by a $6.8 million charge recorded for lease obligations we retained in the sale and a $8.9 million loss that was recognized on the sale of uSwitch’s net assets. Operating results of our discontinued operations in 2007 include a non-cash charge of $411 million to write-down uSwitch’s goodwill and intangible assets”.
Original Fusion DigiNet entry
1st January 2010
Acquirer: Forward Internet Group
ACQ Web: http://www.forward.co.uk
Location: United Kingdom, London
Region: Europe
Description: Forward3D is the group’s 3D search agency (formerly known as TrafficBroker) and Forward Innovations the consumer division which focuses on price comparison and switching and includes uSwitch.com, InvisibleHand and Omio.
Category: Media, Search, Price Comparison
Contact 1: Neil Hutchinson, CEO
Vendor: Scripps Networks Interactive
Vendor Web: Rob Murphy, Finance Director
Location: USA, Knoxville, Tennessee
Region: North America
Description: Lifestyle content for television and the Internet
Category: Media
Contact: Richard A. Boehne, Director, President and Chief Executive Officer
Aprox. Value: Undisclosed
Details: Forward has acquired uSwitch.com, the independent price comparison and switching service, for an undisclosed sum. Forward has also changed its name from TrafficBroker as the company changes from being a search agency to an internet group.Forward’s annual revenues will exceed £55m in 2009. uSwitch.com will go into the consumer division, Forward Innovations, alongside InvisibleHand and Omio.
Link: Press Release
AOL sells affiliate network Buy.at
March 1, 2010 — Fusion DigiNetThe 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: F231109-343
Acquirer: Digital Window
ACQ Web: http://www.digitalwindow.com
Location: UK, London
Region: Europe
Description: In 2009 a majority stake of Digital Window was bought by the German-based media group Axel Springer AG and the Swiss-based communications group Publigroupe S.A. who also own Berlin’s Zanox AG, continental Europe’s largest performance-based online marketing network.
Category: Marketing
Contact: Kevin Brown, CEO
Vendor: AOL
Vendor Web: http://www.aol.co.uk
Business Sold: Perfiliate Ltd (Buy.at)
Web Link: http://www.buy.at
Location: UK, Newcastle
Region: Europe
Description: Operates one of the leading affiliate marketing networks under the brand name Buy.at.
Category: Marketing
Contact 1: Paul Fellows, Solutions Director, co-founder of buy.at
Contact 2: Tim Armstong, CEO, AOL
Aprox. Value: Undisclosed
Details: Digital Window today acquired Newcastle-based Perfiliate Ltd., which operates one of the leading affiliate marketing networks under the brand name Buy.at. Together Digital Window and Buy.at form Britain’s largest performance-based marketing group, serving customers in the UK, USA and Scandinavia. Buy.at was part of AOL Inc. AOL acquired Newcastle-based Perfiliate, the business behind Buy.at in February 2008 for $125m. The business was run out of AOL‘s advertising division.
Link: Digital Window Company Announcement
Reed Business Information-US sells School Library Journal and Library Journal to Media Source
March 1, 2010 — Fusion DigiNetThe 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: F231109-342
Acquirer: Media Source
ACQ Web: http://www.mediasourceinc.net
Other Web Links: Junior Library Guild, The Horn Book
Location: USA, Columbus, OH
Region: North America
Description: Media Source is the parent company of Junior Library Guild (JLG) and The Horn Book , Inc. JLG is a review and collection development service that provides new release children’s and young adult books to more than 17,000 school and public libraries. The Horn Book , Inc. reviews children’s and young adult books in two print publications, The Horn Book Magazine and The Horn Book Guide.
Category: Publisher, Education
Contact: Randall Asmo, CEO
Vendor: Reed Business Information – US
Vendor Web: http://www.reedbusiness.com/us.html
Business Sold: Library Journal and School Library Journal
Location: USA, New York, NY
Region: North America
Description 1: Reed Business Information – US: Business-to-business information provider, with more than 80 market-leading publications and Websites, as well as a range of services
Description 2: School Library Journal (SLJ): Each monthly issue of SLJ includes reviews of children’s and young adult books, audio, and multimedia products, as well as news, features, and columns that deliver the perspective, resources, and leadership tools necessary for its readers to become indispensable players in their schools and libraries. More than 100,000 librarians who work with students in public and school libraries read School Library Journal.
Description 3: Library Journal (LJ): Founded in 1876, Library Journal is the oldest and most respected publication covering the library field. Over 100,000 library directors, administrators, and staff in public, academic, and special libraries read LJ. In its twenty annual issues, LJ reviews nearly 7000 books and provides coverage of technology, management, policy, and other professional concerns.
Category: Media Owner, Publisher
Contact: John Poulin, Chief Executive Officer
Aprox. Value: Undisclosed
Details: Media Source Inc. has acquired Library Journal and School Library Journal from Reed Business Information – US. The acquisition includes all print and Web products, services, supplements, and newsletters, including Library Hotline. With this purchase, Media Source, best known for its ownership of Junior Library Guild and The Horn Book, Inc., adds substantially to its product offerings in the library market. The businesses will continue to operate from New York and Editor-in-Chief Brian Kenney and Publisher Ron Shank will remain in their current roles.
Company Announcements:
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