Wolters Kluwer Health completes the acquisition of Health Language, Inc.

January 7, 2013 — Fusion DigiNet

WaltersKluwerHealthWolters Kluwer Health, a provider of information and business intelligence for professionals, students and institutions in medicine, nursing, allied health and pharmacy, has completed the acquisition of Health Language, Inc., a leader in the fast-growing Medical Terminology Management (MTM) market. Terms of the deal were not disclosed.

“This acquisition of Health Language is a fit with our strategy to continually expand our market-leading point-of-care solutions portfolioHealthLanguage that helps customers around the globe realise the advantages of healthcare information technologies – within their business operations and at the point of care with patients,” said Arvind Subramanian , President & CEO, Wolters Kluwer Health Clinical Solutions. “Health Language is a recognized leader in the MTM field and the right expert to provide our customers with new levels of system interoperability to meet current and future healthcare information sharing needs.”

Health Language’s medical content terminology databases and software solutions enable hospitals, electronic medical record system providers (EMRs) and payers around the globe to manage, update and map disparate medical vocabularies and administrative codes used in U.S. and international settings. The company’s databases and software products include more than 180 standard terminologies and proprietary content sets to enable easier information sharing across many healthcare information technology systems.

The company also provides clinical content and professional services to enable interoperability, web-based terminology mapping, Meaningful Use compliance and ICD-10 conversion, a system of coding created by the World Health Organization that is in various phases of implementation worldwide. Health Language is headquartered in Denver, Colorado and has approximately 85 employees.

USA, Minneapolis, MN

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UPDATE: Permira acquires Ancestry.com for $1.6 billion

January 5, 2013 — askhabra

215_largeEuropean private equity firm Permira has completed its acquisition of Ancestry.com for $1.6bn or $32 per share in cash. The price is a 40 percent premium from the price when word of the company being offered for sale surfaced in June and includes vesting of any outstanding options. As a result of the deal, Ancestry.com will carry  ”just under $1 billion” in debt. This comes news comes 2 weeks after reports that Ancestry.com would not be able to proceed with the sale unless it disclosed more information about the deal before a shareholder vote on December 27 2012 (Source).

Ancestry.com officials were required to change revenue projections and publicly disclose that provisions of the deal barred other bidders from attempting to top Permira’s offer, said Delaware Chancery Court Judge Leo Strine. The vote took place as scheduled with the sale approved by shareholders owning approximately 75% of Ancestry.com common stock. Permira has since acquired all outstanding shares of Ancestry.com and its stock ceased trading on the NASDAQ on December 28th 2012.

Genealogy website Ancestry.com is the world’s largest online family history resource has more than two million subscribers who pay at least $12.95 a month for its content and online tools. More than 11 billion records have been added to the site in the past 16 years. Ancestry users have created more than 41 million family trees containing approximately 4 billion profiles. The press release for the transaction states that “There are no anticipated changes in the Ancestry.com operations.”

The buyout group includes the private-equity firm’s co-investors; members of Ancestry.com’s management, including Chief Executive Tim Sullivan and Chief Financial Officer Howard Hochhauser; and Spectrum Equity, which owns about 30 percent of Ancestry.com.

View original article.

USA, Utah & UK, London

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Dyn acquires website monitoring startup Verelo

January 4, 2013 — Fusion DigiNet

dynDyn, a Internet Infrastructure as a Service (IaaS) business, has acquired Verelo, a Toronto-based startup that provides uptime and performance analytics, as well as malware detection and site health monitoring services.

Dyn does not intend on selling the Verelo services long term and instead will offer its performance-orientated tools as a free service to their customers and as a sales tool for prospects.

Verelo, founded in early 2012 by Andrew McGrath and Michael Curry, made its official public launch in June after graduating from Toronto’s Extreme Startups incubator program.

Verelo’s monitoring services allows customers to check their websites from multiple locations around the world. If downtime, database connection errors or other problems are detected, customers are notified by SMS, phone or email.

Dyn CEO Jeremy Hitchcock said, “Our mantra is ‘Uptime is the Bottom Line’ so we are always looking for great opportunities to prevent downtime,” said Hitchcock. “Acquiring Verelo allows us to offer more innovative services to our customers. We don’t want to just fix downtime. We want to prevent it.”

USA, Manchester, NH & Canada, Toronto

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Rumour: Shutterfly to acquire ThisLife

January 4, 2013 — Fusion DigiNet

this lifeTechCrunch is reporting a rumour that Shutterfly is to acquire online photo sharing and storage startup ThisLife an online photo storage and sharing service. The price is rumoured to be around $25 million.

This life raised $2.75 million seed funding in June 2012, led by Madrona Venture Group.

USA, Redwood City, CA

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BuzzFeed closes $19.3M series D funding

January 4, 2013 — Fusion DigiNet

buzzfeedWeb social publisher BuzzFeed, has completed a Series D financing of $19.3 million led by NEA. Previous investors RRE, Hearst, SoftBank, and Lerer Ventures participated. Michael and Kass Lazerow, serial entrepreneurs and co-founders of Buddy Media, joined the round as new investors.

“We have the senior management, board, and investors we need to build the next great media company: socially native, tech enabled, with massive scale. We are all focused on that big goal and raised this capital to move even faster,” said Jonah Peretti, BuzzFeed Founder and CEO.

In December, the company passed 40 million unique monthly visitors (Google Analytics), with growth driven by social (Facebook, Twitter, Pinterest) and mobile (over one third of all BuzzFeed traffic). The company also grew revenue more than threefold in 2012, exclusively from content-driven, social advertising, and grew staff to 180 employees.

The company will use the capital to further mobile development, expand geographically, grow its editorial team, invest in video, and work on new initiatives that will be announced later in the year.

USA, New York

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Adobe acquires creative social media platform Behance

January 3, 2013 — Fusion DigiNet

adobeAdobe Systems Incorporated has acquired privately held Behance, an online social media platform that enables creatives to showcase and share their work.

According to TechCrunch, Adobe paid slightly more than $150 million in cash and stock, with certain growth goals to attain over multiple years.

“When we launched Creative Cloud earlier this year, we committed that we would give members new value on an ongoing basis.  Last week, we launched new training features, file synchronization and sharing capabilities, digital publishing services and significant updates to a number of our tools, including Photoshop,” said David Wadhwani, senior vice president and general manager, Adobe. “Behance will play a key role in Adobe’s efforts to serve the creative world in the years to come and will accelerate our efforts to enable a more open and collaborative creative behancecommunity.”

In the last 30 days, portfolios on Behance-powered sites have received over 90 million views and today there are over 3 million projects hosted on the Behance platform.

As well as providing a showcase for creative work across industries and disciplines, Behance also powers the portfolio display for thousands of other websites around the Web, including AdWeek, Rhode Island School of Design (RISD) and The Smithsonian National Design Awards. As Behance has grown, it has evolved into more than a destination that creatives use to forge connections. Behance has now become a place where creative professionals also find work and market their unique skills.

Adobe plans to integrate Behance’s community and portfolio capabilities with Adobe Creative Cloud, allowing members to seamlessly create content, seek feedback, showcase their work and distribute it across devices.

Further details

USA, San Jose, CA

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Expedia to acquire majority of trivago

December 21, 2012 — Fusion DigiNet

expediaExpedia is to acquire a 61.6% equity position in trivago, a metasearch company headquartered in Germany, for  €477 million including €434 million in cash as well as €43 million in Expedia  stock.

“The trivago team built one of the largest, fastest growing and most well known travel sites in Europe conducting more than 100 million hotel searches annually through a culture focused on developing great products, building a strong brand and promoting partners’ businesses. These attributes closely align with our Expedia, Inc. strategy and values and we are thrilled to have them join our portfolio,” said Dara Khosrowshahi , Expedia, Inc. President and Chief Executive Officer.

Founded seven years ago, trivago quickly grew into a consumer champion for hotel accommodation featuring comprehensive search results from over 600,000 hotels across over 140 booking sites in over 30 countries in 23 languages. Through its primarily cost-per-click revenue model, trivago profitably doubled revenue each year since 2008 and currently expects to deliver approximately €100 million in net revenue for 2012.

The deal is anticipated to close during the first half of 2013. Post close, the trivago co-founders and management team will continue to operate independently based out of trivago’s headquarters in Dusseldorf, Germany.

USA, Bellevue, WA & Germany, Dusseldorf

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Groupon acquires channel management provider CommerceInterface

December 21, 2012 — Fusion DigiNet

Groupon has acquired CommerceInterface, a provider of web-based channel management technology that helps manufacturers, distributors and retailers succeed at managing their businesses and selling online. Terms of the deal were not disclosed.

Groupon has used CommerceInterface technology since April 2012 to streamline operations of the growing Groupon Goods platform and automate interactions with thousands of existing vendors. The acquisition enables Groupon to leverage infrastructure provided by CommerceInterface to support and optimise the Groupon Goods business around the world in 2013.

“CommerceInterface has proven to be an important piece of Groupon Goods infrastructure in the U.S., quickly and reliably streamlining the execution of orders and other vendor interactions,” said Faisal Masud, head of Groupon Goods. “We look forward to enhancing our abilities to better support merchants overseas beginning early next year.”

CommerceInterface will no longer service other retail channels and current customers will have the option to transition to other vendors over the next six months with migration support from the company.

USA, Chicago, IL

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The Walt Disney Company completes Lucasfilm acquisition

December 18, 2012 — Fusion DigiNet

DisneyThe Walt Disney Company has completed its acquisition of Lucasfilm Ltd. LLC.

Robert A. Iger, President and Chief Executive Officer, said, “We’re thrilled to welcome Lucasfilm to the Disney family,” said Iger. “Star Wars is one of the greatest family entertainment franchises of all time and this transaction combines that world class content with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets, which we believe will generate growth as well as significant long-term value.”

Under the terms of the merger agreement, at closing Disney issued 37,076,679 shares and made a cash payment of $2,208,199,950. Based upon the closing price of Disney shares on December 21, 2012 at $50.00, the transaction has a total value of approximately $4.06 billion.

Lucasfilm’s assets include its massively popular Star Wars franchise, operating businesses in live action film production, consumer products, animation, visual effects, and audio post production, as well as a substantial portfolio of cutting-edge entertainment technologies. It operates under the names Lucasfilm Ltd. LLC, LucasArts, Industrial Light & Magic, and Skywalker Sound.

USA, Burbank, CA & San Francisco, CA

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Nielsen to acquire Arbitron

December 18, 2012 — Fusion DigiNet

nielsenNielsen Holdings N.V., a provider of information and insights into what consumers watch and buy, is to acquire Arbitron Inc., an international media and marketing research firm.

Nielsen will acquire all of the outstanding common stock of Arbitron for $48 per share in cash, representing a premium of approximately 26 percent to Arbitron’s closing price on December 17, 2012. Nielsen has a financing commitment for the total transaction amount.

“U.S. consumers spend almost 2 hours a day with radio. It is and will continue to be a vibrant and important advertising medium,” said Nielsen Chief Executive Officer David Calhoun. “Arbitron will help Nielsen better solve for unmeasured areas of media consumption, including streaming audio and out-of-home. The high level of engagement with radio and TV among rapidly growing multicultural audiences makes this central to Nielsen’s priorities.”

Arbitron generated total revenues of $445 million and adjusted EBITDA of $131 million for the 12 months ended September 30, 2012. Cost synergies are reported to be at least $20 million and will be largely driven by the integration of technology platforms and data acquisition efforts.

USA, New York, NY

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