Performance Marketing Brands Announces Acquisition of OneReceipt

September 7, 2012 — Fusion DigiNet

Performance Marketing Brands has acquired OneReceipt, a free web and iOS application that allows users to organize their receipts, track and manage purchases all in one place. OneReceipt adds an invaluable consumer service and mobile strength to one of the largest independent loyalty companies. The terms of the deal were not disclosed.

“We are excited to bring the OneReceipt technology to the PMB family and help their community of online shoppers develop a deeper understanding of their purchases. Leveraging the PMB retailer and brand relationships, we hope to bring substantial savings and rewards to our deeply valued users”

Launched in 2011, OneReceipt extracts data from email receipts automatically, to help consumers better understand where and what they are purchasing. Paper receipts are added to the account to provide consumers with a comprehensive view of their spending. Additional benefits include updates on shipping information and status, return policies, alerts and item level details on purchases. Users can also view their receipts within their credit card or bank statements.

USA, San Francisco, CA

Posted in Content Media, e-Commerce, Internet Media, Marketing/Advertising, Mobile Apps, ~North America. Leave a Comment »

Possible Worldwide acquires majority stake in digital marketing services agency, Fortune Cookie

August 18, 2012 — Fusion DigiNet

WPP’s global operating network Possible Worldwide, the interactive marketing agency, has acquired a majority stake in Fortune Cookie (UK) Limited, a full service digital marketing services agency. The agency specialises in providing design and build, mobile and tablet apps and site development, online marketing services and digital strategy. Fortune Cookie will combine its business with that of Possible Worldwide Limited in the UK to provide an enhanced service offering to its global clients.

Founded in 1997 by Justin Cooke, the current Chair of the British Interactive Media Association, Fortune Cookie is headquartered in London with operations in Poland, the Netherlands, US and Australia. The agency employs over 190 people and clients include Canon, AEGON, NetJets, BP and Legal & General.

Fortune Cookie’s consolidated revenues for the year ended 31 August 2011 were approximately £9.4 million with gross assets as at the same date of approximately £2.8 million.

UK, London

Related articles:

 

Posted in Content Media, Internet Media, Marketing/Advertising, Mobile Apps, ~Europe. Leave a Comment »

Dropbox acquires TapEngage

July 24, 2012 — Fusion DigiNet

Dropbox has acquired TapEngage, a company that enables advertisers and publishers to work together to create advertising that takes advantage of the power of tablets. Terms of the deal were not disclosed.

The acquisition was announced by founders Matt Holden and Sean Lynch on the TapEngage blog.

“We started TapEngage because we’re really excited about the potential for new mobile technologies to change the face of commerce and computing. As we built TapEngage, we were fortunate enough to collaborate with a wide set of partners doing amazing things in the industry, which further fueled our excitement. However, sometimes you find a company that is making such an incredible impact, you can’t help but want to join forces.

Today, we are thrilled to announce that TapEngage has been acquired by Dropbox. We’re still working with the Dropbox team to determine next steps for TapEngage, but we wanted to give our clients and partners the update. We owe a debt of gratitude to our partners, investors, and friends —we couldn’t have done it without your support!”

USA, San Francisco, CA

Posted in Content Media, Internet Media, Mobile Apps, ~North America. Tags: . Leave a Comment »

Autodesk to acquire Socialcam

July 19, 2012 — Fusion DigiNet

Autodesk is to acquire Socialcam for a purchase price of approximately $60 Million. Socialcam is a popular mobile social video capture, editing and sharing app and service that was launched in 2011. This transaction is expected to close in Autodesk’s third quarter of fiscal 2013 (which ends on October 31, 2012) and is subject to customary closing conditions.

“Mobile computing, the cloud and social media are improving and changing the way people design, engineer and create projects,” said Samir Hanna, vice president, Autodesk Consumer Group. “Video is an ideal medium for professionals and consumers alike to communicate and share their design ideas. We are excited to have Socialcam join our growing portfolio of applications, services and communities for digital art, personal design and fabrication, home design and entertainment.”

Socialcam is a smartphone application and web-based service that makes it easy to capture, edit and share videos. The Socialcam app has been one of the most popular mobile video apps in the iOS App Store and Android marketplace with over 16 million downloads since it was first launched in 2011. Autodesk will prioritize support for the existing Socialcam community, while investing in scaling the platform and developing a more comprehensive set of tools for Socialcam users. Autodesk also plans to use the Socialcam platform to help make its technology for professional film and video creators more accessible to a broader audience.

USA, San Rafael, CA

Posted in Content Media, Internet Media, Mobile Apps, ~North America. Tags: , , . Leave a Comment »

Live Nation Labs acquires music discovery app Rexly

July 19, 2012 — Fusion DigiNet

Live Nation Labs has acquired music discovery app Rexly. Terms of the deal were not disclosed. The acquisition was announced on both company blogs.

Rexly blog, “We are ridiculously excited and deeply humbled to announce that Rexly has been acquired by Live Nation Labs, an innovation group inside Live Nation Entertainment that is building a portfolio of digital products from scratch and overhauling the Fortune 500 company’s brand. Team Rexly will open a San Francisco office for Live Nation Labs and focus primarily on mobile. The Rexly iOS App will remain available and continue to be developed.” Read the full announcement

Live Nation Labs blog, “Tonight I’m feeling reflective, on the eve of the announcement that we have acquired iPhone social music star Rexly and that the Rexly team will establish our new San Francisco presence, Live Nation Labs North, or LN² as it’s already known around here.” Read the full announcement

USA, San Francisco, CA

Posted in Content Media, Internet Media, Mobile Apps, ~North America. Leave a Comment »

Open Air Publishing raises $800,000 in seed financing

July 18, 2012 — Fusion DigiNet

Digital publisher Open Air Publishing has closed an $800,000 seed round of financing, including investments from SV Angel, Charles River Ventures, and 500 Startups. The New York City-based startup builds interactive how-to books made for iPad, iPhone, and iPod touch, each featuring video, slideshows, and other highly tappable content.

Since its launch in May 2011, the company has released four fully digital books for iPad. The funding announcement coincides with the release of all four titles for the iPhone:  Master Your DSLR Camera, Speakeasy Cocktails, The Better Bacon Book, and Holiday Recipes & Party Planning Guide by FOOD52. All have cracked the U.S. top 100 overall rankings on the App Store.

Investors participating in this seed round are: SV Angel, Charles River Ventures, 500 Startups, The Social+Capital Partnership, Richmond Park Partners, David Tisch (BoxGroup), Advancit Capital, DEV (Digital Entertainment Ventures), Graph Ventures, Red Swan, Lars Albright, Sam Stahl, and Josh Mohrer.

“The iOS platform invites a reinvention of the e-book, and Open Air Publishing is building tools and processes to define the publishing/studio hybrid model needed to make true e-book content,” said Jon Feldman, Founder & CEO of Open Air Publishing.  “We’re excited to have this great group of investors and advisors on board as we hit our next phase of growth. We’ve doubled the team to six and plan to have nine new titles out by the end of this year.”

“Our transition into the iPhone market gives us access to a market that is four times the size of the iPad’s,” Feldman said. “This launch will allow us to expand our reach to a larger and more diverse set of readers.”

USA, New York, NY

Posted in Content Media, Mobile Apps, Publishers, ~North America. Tags: . Leave a Comment »

DiMi Telematics International acquires Green Genie

June 28, 2012 — Fusion DigiNet

DiMi Telematics International, a cloud-based, M2M communications solutions provider, has acquired mobile app provider Green Genie.

Available for the iPhone, iPod Touch and iPad, Green Genie is an app that provides its users with a collection of green projects and resources, making it a comprehensive guide to sustainable living. It provides a breakdown of certified green products and technologies, glossary of green terms, collection of essential reading, links to the best green web sites and organisations, and links to various carbon footprint calculators. Users can also submit their own ideas, projects and resources. As of June 1, 2012, Green Genie had nearly 14,000 active app subscribers.

“In addition to providing DiMi with a new high margin revenue stream, Green Genie provides us with a powerful marketing platform that we can now leverage to aid our Company in achieving our underpinning mission: to reduce the collective carbon footprints of consumers, commercial businesses, government agencies and industrial enterprises on a worldwide basis,” stated Barry Tenzer, President and CEO of DiMi. “More specifically, Green Genie will allow us to take an innovative, fresh and responsible approach to building awareness of the DiMi brand and to ultimately promote our cloud-based M2M solution to prospective customers around the world.”

USA, New York, NY

Posted in Content Media, Internet Media, Mobile Apps, ~North America. Leave a Comment »

Thomson Reuters acquires Apsmart

June 14, 2012 — Fusion DigiNet

Thomson Reuters has acquired Apsmart, a London-based mobile platform and product development firm that was majority owned by DN Capital. Terms of the agreement were not disclosed. The Apsmart acquisition will improve Thomson Reuters ability to provide customers with mobile solutions that drive a competitive differentiation in the marketplace.

Mobile is an increasingly significant way in which professionals work and consume information. The acquisition of Apsmart will enhance Thomson Reuters mobile product creation, design and development, allowing the company to deliver even more expert-enriched content, news and solutions through the interfaces that professionals want on the mobile devices they use.

Founded in 2009 by DN Capital and Rahul Powar, creator of the first Shazam iPhone application, Apsmart is at the cutting edge of mobile build and design. The team is well known for creating connected, data-driven applications for iOS and Android devices.

“This new team brings strong experience in end–to–end mobile development capabilities from user experience and design through to product realization and platform services,” said Robert Schukai, global head of mobile technology at Thomson Reuters. “As we move forward, we will have a greater ability to develop foundational mobile capabilities that build significant brand value in our mobile product portfolio.”

“The team at Apsmart is excited about the opportunity to apply our diverse mix of skills to the large Thomson Reuters customer base. We look forward to helping drive the strategy and creation of significant new experiences in mobile across the organization,” said Rahul Powar, new head of mobile application development at Thomson Reuters.

The addition of the Apsmart team will build upon the success of the advanced suite of Thomson Reuters mobile offerings which include Thomson Reuters WestlawNext and Thomson Reuters ProView eReader.

USA, New York, NY & UK, London

Related articles:

Posted in Content Media, Market Data & Information, Mobile Apps, ~Europe, ~North America. Tags: , , . Leave a Comment »

Internet Brands acquires mobile app creator Forum Runner

March 8, 2012 — Fusion DigiNet

Internet Brands today announced the acquisition of Forum Runner, a mobile application that allows forum users to interact with online communities from mobile devices. Forum Runner will operate as part of Internet Brands’ vBulletin software division.

“Mobile is no longer the future; it’s the present,” said John McGanty, general manager of vBulletin. “It’s imperative for online forums to offer a good mobile user experience as they experience explosive growth in usage from mobile devices. Forum Runner gives forum sites an easy way of providing native iOS and Android mobile apps to their users.”

Forum Runner is free to forum owners and very simple to install. It provides native iOS and Android mobile applications to forum users.

Forum Runner supports websites running a variety of forum software options including vBulletin. Support for all platforms will continue going forward, and Forum Runner will continue to publish and support its paid, customised branded versions of its applications.

USA, Los Angeles, CA

Related articles:

Posted in Content Media, Internet Media, Mobile Apps, Publishers, ~North America. Tags: , . Leave a Comment »

International Game Technology to acquire social gaming company Double Down Interactive

January 18, 2012 — Fusion DigiNet
International Game Technology (IGT) is to acquire Double Down Interactive LLC – an online social gaming company and developer of the popular DoubleDown Casino found on Facebook.

Launched in April 2010, the DoubleDown Casino is the world’s largest virtual casino and one of the top 4 social media games in 2011 as rated by Facebook.  According to AppData.com, DoubleDown Casino currently has 4.7 million monthly active users, up from 3.3 million in October 2011. With a broad and expanding portfolio, Double Down offers blackjack, slots, slot tournaments, video poker, and roulette to social gamers all around the world.

The total consideration includes $250 million in cash, $85 million in retention payments over the next two years and up to $165 million in cash payable over the next three years subject to Double Down meeting certain financial performance targets.  IGT expects to fund the transaction from cash on hand.

The addition of Double Down provides IGT instant size and scale in the fast growing world of casino-style social gaming and is expected to broaden IGT’s popular gaming titles beyond the physical casino to Facebook, the world’s largest social network with over 800 million global users.  This powerful distribution model is anticipated to provide IGT an opportunity to entertain players with consistent, ubiquitous, thrilling gaming experiences across multiple platforms.

“As technological innovations increasingly influence consumer behavior, social dynamics are quickly transforming entertainment and gaming experiences everywhere,” said Patti Hart, CEO of IGT.  “The addition of Double Down launches IGT into a leadership position in social gaming, extends our global reach through new mediums, and leverages our unmatched expertise in game development.  We intend to drive meaningful value from this rapidly growing distribution platform that reaches a new, but complementary, demographic of gamers.”

Greg Enell will continue to lead Double Down and the company’s operations will remain inSeattle, WA after the acquisition is complete.

USA, Las Vegas, NV

Posted in Content Media, Games, Internet Media, Mobile Apps, ~North America. Leave a Comment »
« Older posts
Newer posts »