8coupons acquires Android app Clipless

October 23, 2013 — Fusion DigiNet

8coupons-med8coupons, a hub and B2B platform for local deals, has acquired the Android app, Clipless, which seeks out and alerts shoppers when they are in close proximity of deals.

Founder and developer of Clipless, Michael Barnathan, has joined 8coupons full-time as Head of Mobile, leading development and strategy. In this role, Michael will oversee the rebrand of the Clipless Android app and relaunch of 8coupons’ iOS app with a new user interface, updated functionality, intelligence and content.

“Clipless is a perfect fit with 8coupons’ mission and has accelerated our mobile technology pipeline,” said 8coupons co-founder and CEO, Landy Ung. “We’re always looking to give customers a better experience and bring 8coupons closer to becoming their personal concierge for daily life.“

USA, New York

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Gamevil acquires Com2uS

October 8, 2013 — Fusion DigiNet

gamevil_logoKorean mobile video games publisher Gamevil has acquired the shares and control from the majority shareholders of Com2uS. It is being reported that Gamevil paid around KRW 70 billion ($65 million).

com2usBoth companies are amongst the earliest gaming companies in the world. Com2uS is the older of the two, being founded in 1998. Gamevil was founded in 2000. Last year Gamevil reported full-year revenues of KRW 70.2 billion ($65.5 million). Com2uS reported KRW 76.9 billion ($71.8 million). Both companies operate out of South Korea.

South Korea, Seoul

 

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DG MediaMind acquires Republic Project

October 8, 2013 — Fusion DigiNet

dglogoDigital Generation, Inc., a multi-screen advertising company, is to acquire Republic Project, a cloud-based ad platform that enables agencies and brands to create, deliver and measure social and mobile rich media campaigns. DG will acquire substantially all of the assets of Republic Project for $1.4 million in cash and an additional earn out tied to revenue and EBITDA performance targets in 2014 and 2015. Republic Project’s 11 employees, including CEO AJ Vernet, will join DG’s Los Angeles office.

republic project“Every channel offers advertisers a unique set of opportunities to engage with audiences,” said Ricky Liversidge, DG CMO. “Continuing to integrate and innovate within areas such as social and mobile, while making sure advertisers can move quickly within a data driven landscape, is critical. The addition of Republic Project’s technology and knowledge helps accelerate this process.”

USA, New York & Los Angeles, CA

 

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GMG rejects improved Apax offer

September 24, 2013 — Fusion DigiNet

tradermediagroupThe FT is reporting that Guardian Media Group has rejected an improved offer by Apax to purchase GMG’s 50.1% stake in Trader Media. The new offer valued Trader Media at about £1.5bn, including net debt of about £560m. Apax’s previous offer valued the business at £1.2 billion. An IPO now seems the most likely outcome.

UK, London

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Groupon acquires SideTour

September 18, 2013 — Fusion DigiNet

grouponGroupon has acquired SideTour, a marketplace that helps people discover, book and host  local activities. The terms of the deal were not disclosed.

SideTour events are intimate gatherings, averaging 12 attendees, and span food, drink, architecture, history, art and much more. SideTour currently offers more than 500 public and private events with more than 400 hosts using the platform. Hosts include chefs, artists, Olympic medalists, casting directors and sommeliers.

“The addition of SideTour’s curated local experiences furthers our vision of Groupon as the go-to place for consumers to find just about anything, anywhere, anytime,” said GrouponLive General Manager Greg Rudin. “By offering these highly personalized activities, tours and memorable things to do through Groupon, we can deliver even more fun ways for our customers to explore and discover the best local experiences.”

Founded in 2011, SideTour will continue to operate as a separate entity for some time, and Groupon will distribute their events to its  active customers through its email, web and mobile channels.

USA, Chicago, IL

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Matomy Media Group acquires mobile affiliate network MobAff

July 10, 2013 — Fusion DigiNet

matomy1Global performance marketing company Matomy Media Group has acquired Florida based mobile affiliate network MobAff. Founded in 2011, MobAff works with advertisers and affiliate networks to help them generate and deliver leads and acquire customers. Terms of the deal were not disclosed.

MobAff will be integrated within MediaWhiz, a North American performance marketing agency acquired bymobaf MATOMY earlier this year. MobAff founder Alexander Tsatkin, along with other members of the company, will relocate to MediaWhiz’s New York City headquarters. MobAff’s proprietary mobile marketing technology will be integrated into MediaWhiz’s affiliate network.

“MobAff’s mobile optimization technology and strong expertise in mobile affiliate marketing will be a huge asset to MediaWhiz’s growing mobile performance marketing practice,” said Ofer Druker, CEO of Matomy Media Group. “We are impressed by MobAff’s strong presence with advertisers and affiliates, as well as the technological solutions it has developed. I am confident that this acquisition will benefit the MATOMY and MediaWhiz customer bases, offering our advertisers and affiliates cutting-edge technologies – alongside other performance marketing products we have developed – as well as greater audience reach and effective results in their mobile advertising campaigns.”

USA, New York, NY & Fort Myers, FL & Israel, Tel Aviv

 

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Hasbro acquires a majority interest in mobile games company Backflip Studios

July 9, 2013 — Fusion DigiNet

hasbroToy maker Hasbro has acquired a majority stake in Backflip Studios. The Boulder, Colorado based company develops some of the mobile industry’s most popular games including DragonVale, NinJump and Paper Toss. Hasbro paid $112 million in an all cash transaction for 70% of the company.

Founded in 2009 by Julian Farrior, Dale Thoms and Tom Blind, Backflip Studios has had more than 300 million downloads of its games. Other titles in their portfolio include, Ragdoll Blaster, Army of Darkness Defense andOutWorded. Backflip will continue to develop its own IP, as well as create mobile games featuring many of Hasbro’s best known brands. As part of the transaction, Backflip’s management team will continue to run the company, which will remain in Boulder. Hasbro anticipates the transaction to be neutral to slightly accretive to its 2013 financial results.backflip-logo

“The acquisition of Backflip fits perfectly into our strategy of extending our brands into all forms and formats,” said Brian Goldner, President and CEO of Hasbro, Inc. “As mobile play continues its rapid growth, Backflip’s leadership position, great games and established network of users, makes Hasbro a more meaningful participant in digital gaming. Together with Julian, Dale and the talented team at Backflip, we will continue to take a leadership role in bringing great game play to the mobile environment.”

USA, Pawtucket, RI & Boulder, CO

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GreatApps.com acquires Greatebooks.com

July 4, 2013 — Fusion DigiNet

greatappsGreatApps.com, a media company that focuses on app marketing, has acquired Greatebooks.com and Greatebook.com. Terms of the deal were not disclosed.

“We are very fortunate to have acquired Greatebooks.com & Greatebook.com. These are two properties that complement the GreatApps.com brand and more importantly positions us to become a leader in the global ebook market,” stated Rick Singer, CEO. “Our app discovery platform continues to thrive and we look forward to bringing our audience new and diverse apps on a consistent basis.”

USA, Jerico, NY

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Twitter acquires Spindle

June 20, 2013 — Fusion DigiNet

twitter3Twitter has acquired Boston-based app maker Spindle Labs. Spindle was founded by Pat Kinsel and Alex lambert. Spindle helps you discover the best social updates from nearby shops, restaurants, bars, event venues, parks, museums and galleries, community organisations, and other attractions. The terms of the deal were not disclosed. The Spindle app has been removed from the App Store.

Here is the announcement on the Spindle blog.

We’re very proud to announce that Spindle has been acquired by Twitter.

We’ve spent the past two and a half years building a product that helps you answer the question: “What’s happening nearby right now?” Every time we’ve experimented and looked beyond local discovery, we’ve been amazed by the breadth and quality of content shared on Twitter. By joining forces with Twitter, we can do so much more to help you find interesting, timely, and useful information about what’s happening around you.

The Spindle team will be relocating and joining the Twitter team in San Francisco. As part of this change, we’ll be sunsetting the Spindle service today to focus on these new and exciting opportunities.

To our users, friends, families, investors, advisors, and everyone else: thank you for your support. It’s been an incredible journey and we couldn’t have gotten here without you.

– The Spindle Team

USA, San Francisco, CA & Boston, MA

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TripAdvisor acquires GateGuru

June 19, 2013 — Fusion DigiNet

tripadvisorTripAdvisor has acquired GateGuru, a mobile resource for flight and airport information around the world.  Built on a mix of user-generated content and information from the airports, flyers can view detailed maps and insights on stores, restaurants, amenities and gate locations.  Combined with weather forecasts, estimated security wait times and real-time flight status information, the app aims to take the stress out of flying. The terms of the deal were  not  disclosed.

gateguru

“Flying is often an essential part of a trip and we have continually developed our suite of flights products, from the pricing andavailability search on TripAdvisor, to our award-winning SeatGuru.com, with seat maps and more,” said Steve Kaufer, co-founder and CEO TripAdvisor, Inc.  “GateGuru nicely complements our existing flights products and we look forward to working with the GateGuru team as they continue to manage the GateGuru app and add great functionality to the TripAdvisor mobile experience.”

The GateGuru team will continue to operate out of New York City, and report to Bryan Saltzburg, General Manager New Initiatives and leader of the TripAdvisor Flights product and SeatGuru brand.

USA, Newton, MA & New York, NY

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