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: F231109-341
Acquirer: United Business Media
ACQ Web: http://www.ubm.com
Other Web Links: UBM TechWeb
Location: USA, New York, NY
Region: North America
Description 1: UBM – focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetisation of B2B communities and markets.
Description 2: UBM TechWeb – brands include: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat and VoiceCon; large-scale online networks such as InformationWeek, Light Reading and Gamasutra; research, training, and certification services, including HDI, Pyramid Research, and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology.
Category: Media owner
Contact: Tony Uphoff, Chief Executive Officer of UBM TechWeb
Vendor: Game Advertising Online (GAO)
Vendor Web: http://www.game-advertising-online.com
Location: New Zealand
Region: Oceana
Description: Founded in 2006, GAO is a banner advertising agency working for publishers in the online video game industry. Using a self-service, auction-based system, GAO places in-game and banner advertising on leading gaming websites, utilising both cost-per-click and cost-per-acquisition business models. GAO provides access to 50 million unique users and delivers over 2 billion advertisement impressions per month through a diverse worldwide network of free-to-play MMORPG (massively multiplayer online game), casual, browser-based and mainstream gaming websites, as well as game community networking sites.
Category: Advertising
Aprox. Value: An initial cash consideration of $1m, with a further performance-related consideration of up to $7m.
Details: United Business Media Limited has acquired Game Advertising Online (GAO) from private ownership on behalf of UBM TechWeb. GAO is expected to generate revenue of approximately $4m in the twelve months to March 2010.
Link: Company Announcement
UBM TechWeb acquires Game Advertising Online for upto $8million
February 26, 2010 — Fusion DigiNetBreak Media acquires gaming website FileFront
February 16, 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: F231109-327
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, Facebook, myspace
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
Social games developer Drimmi has raised “several millions of dollars”
January 25, 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
FUND RAISING
Database Reference: F231109-332
Business: drimmi
Web: http://www.drimmi.ru
Location: Russia
Region: Europe
Business description: Social games developer
Category: Online games
Contact 1: Nikita Sherman, CEO
Contact 2: Viktor Zakharchenko, COO
Contact 3: David Waroquier, partner at Mangrove Capital Partners
Investors: Led by Mangrove Capital Partners, along with ABRT Venture Fund
Amount raised: Undisclosed (several millions)
Details: According to Quintura Blog Drimmi has raised an undisclosed funding from Mangrove Capital Partners and ABRT Venture Fund. The funds agreed to invest several million into Drimmi in exchange for over a twenty percent stake in the company. Mangrove Capital is also an investor in online trivia game maker Amuso. The investment will be used for games development and launch on Russian social networks Vkontakte, Odnoklassniki.ru and MoiMir@Mail.ru. The first game will be released in a few weeks with more than ten games to follow in 2010.
Link: Quintura Blog
Social game start-up 6 Waves Raises $17.5 Million
January 24, 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
FUND RAISING
Database Reference: F231109-325
Business: 6 waves
Web: http://www.6waves.com
Location: Hong Kong
Region: Asia
Business description: Publisher and developer of gaming applications on the Facebook platform.Games include Happy Harvest, My Fishbowl, Crazy Office, and Medical Mayhem.
Category: Social Network, Online Games, Apps
Contact: Rex Ng, co-founder
Investors: Insight Venture Partners
Amount raised: £17,500,000
Details: 6 waves has raised $17.5 million from Insight Venture Partners. the company intends to continue expansion not just as a developer but as a full-on publisher, offering distribution and monetization services to social game developers around the world. The company, was founded by former Yahoo employees.
Link: Inside Facebook
Shanda Games buys online game firm Mochi Media for $80 million
January 12, 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: F231109-296
Acquirer: Shanda Interactive Entertainment Limited (NasdaqGS: SNDA)
ACQ Web: http://www.snda.com/EN/investor/overview.html
Location: China, Shanghai
Region: Asia
Description: Interactive entertainment media company
Category: Media: Games: Entertainment
Contact 1: Tianqiao Chen, Chairman of the Board and Chief Executive Officer
Contact 2: Diana Li, Chief Executive Officer, Shanda Games
Contact 3: Hai Ling, President, Shanda Games
Vendor: Mochi Media
Vendor Web: http://www.mochimedia.com
Location: USA, San Francisco, CA
Region: North America
Description: Mochi has 15,000 web-browser games and an international user base.
Category: Games
Contact 1: Jameson Hsu, CEO and co-founder
Contact 2: Bob Ippolito, CTO and co-founder
Contact 3: Justin Wong, Vice President of Business Development
Aprox. Value: $60 million in cash and $20 million in equity arrangements
Details: Shanda Games has made its first U.S. acquisition , buying online game firm Mochi Media for $80 million. Shanda Games also announced it would buy Shanghai-based online game developer Goldcool Games.
Link: Reuters
Related DigiNet Articles
Games on demand company Gaikai raises $5M
January 7, 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
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
Chess.com acquires ChessPark name and members
December 22, 2009 — 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: F231109-277
Acquirer: Chess.com
ACQ Web: http://www.chess.com
Location: USA, Palo Alto, CA
Region: North America
Description: Online community for chess players
Category: Online Games, Social network
Contact: Erik, Owner Profile
Vendor: Chesspark.com
Vendor Web: http://www.chesspark.com
Region: North America
Description: Online chess
Category: Online games
Contact: Jean Hoffman, GM of Chesspark.com
Aprox. Value: Undisclosed
Details: Chess.com did not acquire the technology, servers, or team behind Chesspark – just the name.
Link: Press Release
Social game firm Zynga raises $180M from Russian investor DST
December 16, 2009 — 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
FUND RAISING
Database Reference: F231109-292
Business: Zynga
Web: http://www.zynga.com
Location: USA, San Francisco, CA
Region: North America
Business description: Social gaming company
Category: Online Games
Contact 1: Mark Pincus, Founder and CEO
Contact 2: Andrew Trader, co-founder
Investors: Previous investor Digital Sky Technologies (DST) is leading a group of investors. DST is a Russian investment firm.
Amount raised: $180,000,000
Details: D.S.T. will invest directly in Zynga while also buying stock from shareholders, including the company’s employees. The move is aimed at giving employees and shareholders of the prominent start-up a way to cash out before an initial public offering. Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.
Link: New York Times
Related DigiNet article
Xinhua Sports & Entertainment Limited to acquire NuCom Online Corporation
December 4, 2009 — 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: F231109-259
Acquirer: Xinhua Sports & Entertainment Limited
ACQ Web: http://www.xsel.com/en/
Location: China, Beijing
Region: Asia
Description: Sports and entertainment media company in China,
Category: Media
Contact 1: Ms. Fredy Bush, CEO
Contact 2: Tina Ju, Managing Partner of KPCB China
Vendor: NuCom Online Corporation
Vendor Web: http://www.nubb.com
Location: China, Beijing
Region: Asia
Description: A leading sports media company. NuBB provides broadband sports content, including live and delayed NBA games and highlights, and has one of the largest online sports communities in China with over 8 million registered users, 1.5 million average daily click-thru of video highlights, and over 15 million monthly unique visitors.
Category: Media
Contact: Mr. Allen Hsu will join XSEL as a new independent director of the board
Aprox. Value: NuCom is valued at US$27.6 million. XSEL will issue approximately 8.5 million American depositary shares, (or “ADS”) valued at US$1.83 per ADS. An additional 6.6 million ADS will be issued only if NuBB achieves certain revenue targets for 2010 and 2011. Management believes NuBB may generate average annual net income of US$2.3 million for the period between 2010 to 2012.
Details: Xinhua Sports & Entertainment Limited (NASDAQ:XSEL; “XSEL”) has entered into an agreement to acquire NuCom Online Corporation (“NuCom”). As a result of the transaction, shareholders of NuCom including KPCB China will become shareholders of XSEL.
Link: Press Release
Social gaming company Zynga raises $15.18M
November 17, 2009 — Fusion DigiNetFUND RAISING
Business: Zynga
Web: http://www.zynga.com
Location: USA, San Francisco, CA
Region: North America
Description: Social gaming company
Contacts:
- Mark Pincus, Founder and CEO
- Andrew Trader, co-founder
Amount raised: $15,187,440
Story Link – SEC filing
Details
Zynga raised $15.18 million according to a regulatory filing. No new investors were listed, but the company now has raised $54 million in total. Previous investors include Kleiner Perkins, Avalon Ventures, Foundry Group, Union Square Ventures and Institutional Venture Partners.
Database Fund Raising – November 2009
Fusion Corporate Partners 
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