Mail.ru Merges with Astrum Online Entertainment

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:  F231109-256
 
Acquirer:  Mail.ru
ACQ Web:  http://www.mail.ru
Location:  Russia
Region:  Europe
Description:  Online portal
Category:  Media Owner
Contact:  Dmitri Grishin, President and CEO
 
Vendor:  Astrum Online
Vendor Web:  http://www.astrumonline.ru/
Location:  Russia
Region:  Europe
Description:  Online games
Category: Games
Contact 1:  Igor Matsanyuk, to become 1st Vice President of Mail.ru
Contact 2:  Vladimir Nikolskiy to become Vice President of Mail.ru
 
Details:  Digital Sky Technologies is merging two of its largest portfolio companies.The deal is structured as an acquisition by online portal Mail.ru of online games group Astrum Online Entertainment in a combination of cash and stock. The merged company, which have revenues of over $100 million per year and will be the second largest Internet company in Russia in terms of revenues after Yandex.  Naspers/ MIH Group owns 43% of Mail.ru and was recently granted anti-trust permission to buy between 38% and  Naspers/ MIH Group, although the South-African conglomerate owns 43% of Mail.ru and was recently granted anti-trust permission to buy between 38% 100% of Astrum Online from DST. See previous DigiNet story.
 
Links: 

Founders of Property Search Engine Globrix Buy Back Stake from News International

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:  F231109-252
 
Acquirer:  Founders of Globrix
ACQ Web:  http://www.globrix.com/
Location:  United Kingdon, London
Region:  Europe
Description:  Property search engine supported by advertising rather than fees.
Category:  Search : Web Technology
Contact 1:  Dan Lee, CEO
Contact 2:  Ian Parry, CTO

Vendor:  News International
Vendor Web:  http://newsinternational.com
Location:  UK, London
Region:  Europe
Description:  Media Owner
Category: Media
Contact 1:  Clive Milner, Managing Director
  
Aprox. Value:  Undisclosed (bought back the 50 percent stake)
 
Details:  The founding management of online property search engine, Globrix, have acquired News International’s 50% stake in the business for an undisclosed sum. Globrix lists more properties for sale and rent than any other UK property site.Globrix say they list more properties for sale and rent than any other UK property site. It is  free to list properties on. Revenues are from advertising.
 
Link: Globrix Announcement

Social Media Monitoring Business Attentio Announces New Round of Financing

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

 
FUND RAISING 
Database Reference:  F231109-251
Business:  Attentio
Web:  http://www.attentio.com
Location:  Belgium, Brussels
Region:  Europe
Business description:  Online Attentio Brand DashboardTM that tracks and analyzes online conversations across social and traditional media worldwide. An automated insight engine discovers topics discussed around brands and product and also analyzes sentiments.
Category: Media monitoring
Contact 1:  Amaia Lasa, CEO 
 
Investor 1:  Brussels Regional Investment Company (SRIB/GIMB)
  
Amount raised:  Undisclosed
Participants:  1
 
Details:  Attentio S.A.has completed a round of financing from the Brussels Regional Investment Company (SRIB/GIMB). The amount raised was not disclosed. Attentio tracks and analyzes online conversations across social and traditional media worldwide. An automated insight engine discovers topics discussed around brands and product and also analyzes sentiments.Companies and agencies use the nline Attentio Brand DashboardTM technology to manage their market reputation as they can instantly see how customer sentiments change over time and across geographies.

Link:  Press Release

eCommera Funding Exceeds £6 million as ePlanet Invests £1.3 million

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
 
FUND RAISING 
Database Reference:  F231109-250
Business:  eCommera
Web:  http://www.ecommera.com
Location:  UK, London
Region:  Europe
Business description:  Internet services business that offers ecommerce advisory, support and software services to retailers
Category: ecommerce
Contact 1:  Michael Ross, co-founder
Contact 2:  Andrew McGregor, co founder and CEO
 
Investor 1:  ePlanet
Round:  c Round
Amount raised:  £1,300,000
Participants:  1
 
Details:  eCommera, the UK-based provider of e-commerce services to the retail industry, has secured £1.3 million in investment from private equity group ePlanet. This latest round of funding takes the total raised by eCommera in 2009 to over £6 million. The funding will go towards driving the geographic expansion of eCommera with an initial focus on Europe. This latest injection of funding comes just two months after eCommera secured funding of £5 million from an investment group led by growth capital investor, Frog Capital in conjunction with West Coast Capital and GP Bullhound.

Link:  eCommera Announcement

Russia.com, the domain name, for $1.5 million

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:  A0235-231117
 
Acquirer:  Undisclosed
Description:  Russia.com
Category:  Domain name
 
Vendor:  NewMedia Holdings, Inc.
Vendor Web:  http://www.nmhco.com
Location:  USA, Seattle, WA
Region:  North America
Description:  Media property owner
Category: Domain name

Aprox. Value:  $1,500,000
 
Details:  NewMedia Holdings has sold Russia.com, the domain name,  for $1.5 million. The deal was broked through Sedo. The buyer is undiclosed. The also own Algeria.com, Bangladesh.com, Ecuador.com, Morocco.com, Nepal.com, Nicaragua.com, PuertoRico.com, Scotland.com, SouthAfrica.com, Ukraine.com and Virtual-Countries.com.

According to Fusible.com   the new owner is rumored to be Russia Standard according to one of our readers.  Russia Standard is the same company that purchased Vodka.com in 2006 for $3 million (also brokered through Sedo).

Online Remote Tech Services Business SupportSpace has raised $10 million in funding

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
 
 
FUND RAISING 
Database Reference:  F231109-248
Business:  SupportSpace
Web:  http://www.supportspace.com/
US Headquarters: USA, San Francisco, CA
Israeli R&D center offices: Israel, Netanya  
Business description:  Online Remote Tech Services for computers and connected devices to consumers and small and medium-sized businesses.
Category: Services
Contact 1:  Yair Grindlinger – CEO and Co-Founder
Contact 2:  Doron Elgressy – President and Co-Founder
 
Investor 1:  Emergence Capital Partners
Investor 2:  BRM Group
Investor 3:  Gemini Israel 
Round:  B Round
Amount raised:  $10,000,000
Participants:  3
 
Details:  SupportSpace has raised $10 million in funding to enhance its infrastructure, expand its team, and acquire new partners.

Link:  TechCrunch

ITV plc secures full ownership of GMTV

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:  A0235-231116
 
Acquirer:  ITV plc
ACQ Web:  http://www.itv.com
Location:  United Kingdom, London
Region:  Europe
Description:  Network of British commercial television broadcasters
Category:  Media: Entertainment
Contact 1:  ITV has made a one-off cash payment of £18m for Disney¹s 25% stake in GMTV, together with a further one-off payment of £4.25m in respect of Disney¹s share of the forecast cash balance in the business as at the year end.
 
Vendor:  The Walt Disney Company Limited
Vendor Web:  http://www.disney.com
Location:  USA, Burbank, CA
Region:  North America
Description:  Largest media and entertainment conglomerate in the world
Category: Media: Entertainment
Contact 1:  Bob Iger, President & CEO
Contact 2:  John E. Pepper, Jr., Chairman

Aprox. Value:  A one-off cash payment of £18m for Disney’s 25% stake in GMTV, together with a further one-off payment of £4.25m in respect of Disney’s share of the forecast cash balance in the business as at the year end.
 
Details:  ITV plc today announces that, via its wholly owned subsidiary ITV Broadcasting Limited, it has secured full ownership of GMTV Limited, the national breakfast-time Channel 3 licensee, having acquired the remaining 25% equity stake in the business from The Walt Disney Company Limited and one of its subsidiaries.
 
Link: Guardian

Western business angels invest in Russian online shopping site WikiMart

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
 
FUND RAISING 
Database Reference: F231109-247
Business: WikiMart
Web: http://wikimart.ru/
Location: Russia
Region: Europe  
Business description:   Russian shopping site
Category: Online shopping
Contact 1: Kamil Kurmakayev, co-founder 
Contact 2: Faldin Kurmakayev, co-founder
 
Investors:  Michael van Swaaij (Skype and eBay Europe); Mark Zaleski and Robert Dighero (QXL ricardo); Suvir Sujan (founder of Baazee), Fabrice Grinda (founder of Aucland, Zingy.com, OLX.com), Alec Oxenford (founder of OLX, DineroMail.com, DeRemate.com); Jose Marin (founder of deRemate.com) and Kerim Baran (founder of Yonja.com)
  
Amount raised: Undisclosed  
 
Details: Quintura reports that a group of Western business angels has invested in Russian online shopping mall WikiMart. The investment was made in May-June 2009.

Link: Quintura/Yakov

Naspers/MIH Group to acquire between 38% and 100% stake in Astrum Online Entertainment

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:  A0235-231115
 
Acquirer:  Naspers
ACQ Web:  http://www.naspers.co.za/
Location:  South Africa
Region:  Middle East and Afica
Description:  Naspers is a multinational media company with principal operations in electronic media and print media.
Contact 1:  Ton Vosloo, managing director
 
Vendor:  Astrum Online Entertainment
Vendor Web:  http://www.astrumonline.ru
Location:  Russia
Region:  Europe
Description:  Interactive entertainment market
Contact 1:  Sergey Orlov, vice president Astrum
 
Details:  Federal Antimonopoly Service (FAS) of Russia has granted a permission to Naspers/MIH Group to acquire between 38% and 100% stake in online game developer and publisher Astrum Online Entertainment from DST (Digital Sky Technologies). Tthe transactions between Naspers and DST is part of a merger between online portal Mail.ru and Astrum Online. The merger is expected to include both stock and cash transactions. DST owns a 53% stake in Mail.ru and majority stake in Astrum Online while Naspers/MIH Group owns a 43% stake in Mail.ru. Astrum Online’s revenues were estimated at $50 million last year.
 
Link: Kommersant

Nival Network is in the process of closing a $5 million round from an undisclosed investor.

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
 
 
FUND RAISING 
Database Reference:  F231109-243
Business:  Nival Network
Web:  http://www.nival.com/
Location:  Russia
Region:  Europe
Business description:  Online game developer
Category Games
Contact:  Sergey Orlovskiy, founder & CEO
 
Investor:  Undisclosed
Dollars:  $5,000,000
 
Details:  Nival Network is in the process of closing a $5 million round from an undisclosed investor. Should be closed by the end of the year.Nival Network develops, publishes and operates free-to-play online games in Russia and former Soviet countries. The company’s game portfolio includes such MMORPG titles as Dragonica; Shaiya: Light and Darkness; Cabal Online, multiplayer racer Level-R, browser-based strategy offering Khan Wars 2.0 and music game RockFree.

Link:  Vedomosti