According to the LA Times, News Corp. has acquired Irata Labs.
Irata Labs describe themselves as “a small (3 people) group of friendly folks who build social software.” Their products are Spymaster, iList and Flyvly.
Irata Labs had previously received funding from Dmitry Shapiro was one of the angel investeors in the company and served as Chairman of the Board of Directors. Other investors included Alex Bard and Gary Benitt of Assistly, and Draper Fisher Jurvetson.
Deal Terms: Undisclosed
Acquirer: News Corporation
ACQ Web: http://www.newscorp.com
Location: USA, New York, NY
Region: North America
Description: News Corporation is a publicly-traded company listed on the NASDAQ, with secondary listings on the Australian Securities Exchange. News Corporation had total assets as of December 31, 2009 of approximately US$56 billion and total annual revenues of approximately US$30 billion. News Corporationis a diversified global media company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; integrated marketing services; newspapers and information services; book publishing; and other. The activities of News Corporationare conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and Latin America.
Category: Media Owner
Contact 1: Jon Mille, chief digital officer
Contact 2: Rupert Murdoch (Chairman & CEO)
Contact 3: Chase Carey (COO)
Contact 4: David DeVoe (CFO)
Contact 5: Lawrence Jacobs (Senior Executive & VP)
Contact 5: James Murdoch (CEO in Europe & Asia)
Vendor: Irata Labs
Vendor Web: http://iratalabs.com
Other Web Links: Twitter http://twitter.com/iratalabs
Location: USA
Region: North America
Description: “Irata Labs own description, “”We’re a small group of friendly folks who build social software. We’re currently working on a mobile, location-aware platform for social gaming.”
Category: Online Games
Contact 1: Chris Abad, CEO Twitter
Contact 2: Ben Myles, Lead Software Architect Twitter
Contact 3: D. Keith Robinson, Creative Director Twitter
Related Fusion DigiNet articles:
- News Corporation is considering the sale of Berlin based Jamba Posted on March 11, 2010
- News Corporation acquires a stake in Rotana Group Posted on February 23, 2010
- CME buys 90% stake of the Dow Jones Indexes business for $607.5 million Posted on February 12, 2010
- Lachlan Murdoch sells $28m News Corp stake Posted on November 30, 2009
- MySpace Buys ad supported music streamer Imeem Posted on November 19, 2009
FDN Reference: F231109-395
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