Batanga acquires MetroFlog, third Hispanic-focused acquisition in four months

Batanga has acquired MetroFlog and partner sites, MetroBlog and MetroPostales. This is Batanga’s third Hispanic-focused acquisition in four months. In June Fusion DigiNet reported Batanga’s acquisitions of Adfunky and I-Network. The latest acquisition increases the company’s audience by over six million unique visitors a month.

MetroFlog.com is a social media platform that allows users to create individual spaces where they upload personal photos and share them among all other users. To date, MetroFlog users have published over twenty million photographs, uploading an additional sixty thousand photos daily. The photo blogs serve as catalyst for comments, guest signatures, making friends, and are at the core of the social experience on MetroFlog.com.

MetroBlog.com was developed on a common platform, enabling users to publish personal blogs as a means for social interaction. Users are encouraged to publish their thoughts, writings, and journal entries to share with other users such as themselves. MetroPostales provides users with hundreds of electronic greeting cards to share with friends and loved ones. Each of the properties provides Hispanics online with unique opportunities to communicate and network with one another.

“Our latest acquisition further solidifies our commitment to developing and delivering relevant and quality content to the Hispanic online audience. MetroFlog provides users with an alternative social experience that allows them to communicate and express themselves,” said Rafael Urbina, Chairman and CEO, Batanga, Inc. “We are thrilled to add such a dynamic social platform to the Batanga, Inc. family of sites and eager to introduce them to advertisers.”

USA, Miami, FL

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Final results of Match.com tender offer for Meetic S.A. announced

Match.com, a personals company and an operating business of IAC/InterActiveCorp, announced that the French Autorite des marches financiers (AMF) have published the final results of the tender offer initiated by Match.com on Meetic S.A. The planned public offer was first reported on Fusion DigiNet in May this year.

A total of 808,115 shares were tendered in the subsequent offer period by Meetic shareholders.  Upon settlement and delivery of those shares, which is expected to occur on or prior to September 19, 2011, Match will hold approximately 18.6 million shares, representing approximately 81% of the share capital of Meetic S.A.

Meetic is a French stock corporation, with its registered office in Paris.  It is a leader in the European online dating market currently established in 16 European countries, and available in 13 languages. Meetic is listed in Compartment B of Euronext Paris of the NYSE Euronext (MEET.PA).

USA, New York, NY & France, Paris

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ClearOne acquires MagicBox

ClearOne, a global communications and entertainment solutions company, has acquired MagicBox, Inc. The acquisition is a part of the company’s broader strategy to capitalise on emerging market opportunities as audio video, information technology, unified communications and traditional digital signage converge to meet enterprise and commercial multimedia needs.

“The combined expertise of the two companies brings to the market, the only complete, end-to-end digital signage content management and IP streaming solution,” said Zee Hakimoglu, Chairman and CEO of ClearOne. “The MagicBox content management and control technology and their industry leading database integration software are the perfect compliments to ClearOne’s StreamNet™ systems.”

Privately-held MagicBox, headquartered in Corvallis, Oregon and founded in 1995, designs, develops and markets a variety of hardware and software solutions to deliver digital content and information to digital displays.

“MagicBox and ClearOne have complementary products for a broad spectrum of applications,” said Tom Searcy, founder of MagicBox. “One of the single-most challenging requirements for any digital signage provider is the ability to distribute content over a wide-area network while maintaining control and scheduling alignment. StreamNet technology delivers low-latency HD distribution over IP which is a perfect fit with MagicBox’s content creation, scheduling, database integration and digital signage domain expertise.”

The acquisition presents both companies with new global market opportunities and accelerated product development. It also brings economies of scale to MagicBox, which will be leveraged to execute go-to-market strategies.

USA, Salt Lake City, UT

Yandex acquires The Tweeted Times

Russian search engine company Yandex has announced that it has acquired The Tweeted Times, a social news service that aggregates news in your Twitter stream to create a personalised newspaper.

The Tweeted Times is founded by Maxim Grinev and Maria Grineva in 2010. They will now join Yandex Labs in Palo Alto, California.

Russia, Moscow

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Google acquires Zave Networks

Zave Networks, a business that offers money saving digital incentives online and on mobile device, has been acquired by Google. Terms of the deal were not disclosed.

The Zave Networks announcement is below:

Since 2006, our small but dedicated team has been passionate about creating a better platform for incentive programs — like coupons and loyalty rewards — by making them 100% digital, easier, more measurable, efficient and environmentally-friendly.

In this time, we’ve never lost our pioneering spirit or our focus on simultaneously addressing the needs of three distinct customer groups: consumers, retailers and marketers. Because of this, we have been able to efficiently build, deploy and grow our platform.

When we had the opportunity to join Google, we felt it was the perfect fit for our company and the perfect opportunity to rapidly drive the deployment and use of our platform to the next level.

We’re humbled by the unending support our investors, retailers, advertisers, and consumers have provided over the past 5 years, and would like to thank each and every one of them. Going forward, we are excited about being part of Google’s efforts in this space.

Googles investment arm, Google Ventures has also invested in the space. They have made an investment in Texas based WhaleShark Media, a portfolio of coupon and deal websites – http://www.RetailMeNot.com , http://www.VoucherCodes.co.uk, http://www.Deals.com, http://www.Deals2Buy.com, http://www.Gutschein-Codes.de, http://www.CheapStingyBargains.com, http://www.CouponSeven.com, and http://www.CouponShare.com.

USA, Mountain View, CA & Kansas City, KS

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Ziff Davis has acquired Focus Research

Ziff Davis has acquired Focus Research, a provider of online research to enterprise buyers and leads to IT vendors. Focus Research  was founded in 2005 with backing from Lightspeed Ventures, Trinity Ventures and GGV Capital, Focus Research (formerly known as Tippit).  Effective immediately, Focus Research will be renamed “Ziff Davis B2B Focus” and will operate as a stand-alone unit within Ziff Davis, Inc. The new business unit will continue to operate out of its current offices in San Francisco.

As part of this transaction, a small group of Focus Research employees, including CEO Scott Albro, will leave to work on building out Focus.com as a separate business not affiliated with Ziff Davis.

“Through this acquisition, Ziff Davis will strengthen its core mission of informing and influencing in-market buyers of technology,” said Vivek Shah, CEO of Ziff Davis. “We welcome the Focus Research team to Ziff Davis and look forward to working together to provide our marketing clients a full array of solutions from premium display to data-targeted advertising to lead-gen programs across consumer and business audiences.”

USA, New York, NY & San Francisco, CA

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NUS Consulting Group acquires Viking Energy Management

NUS Consulting Group, a provider of energy management solutions to businesses and energy intensive organisations, has acquired Viking Energy Management, a private company, specialising in risk management and energy procurement. Viking Energy Management is based in Charlotte, North Carolina.

The acquisition of Viking Energy Management will not only complement NUS Consulting Group’s existing staff and services, but will also provide us with a strong and experienced energy trading and risk management team which will broaden our existing service offerings in this extremely important area. I am very pleased that Viking has agreed to join and become part of NUS Consulting Group,” said Richard D. Soultanian, Co-President of NUS Consulting Group.

“We are very excited to be part of NUS,” said Bryant Lee, Co-Founder and Managing Director of Viking Energy Management. “This transaction recognizes Viking’s unique strengths in the area of energy trading and risk management. By joining with NUS Consulting Group we become part of the world’s largest and most respected energy management consulting firm and will be able to provide our energy trading and risk management support to NUS and Viking clients around the world.”

Bryant Lee  takes new role as Manager of Energy Trading and Risk Management at NUS Consulting Group.

USA, Park Ridge, NJ & Charlotte, NC

Penton Media has acquired Nine Lives Media

Penton Media has acquired Nine Lives Media and its online destinations: MSPmentor, Talkin’ Cloud and The VAR Guy. Nine Lives will become a business unit of Penton’s Technology Group, joining Windows IT Pro, SQL Server Magazine, SharePoint Pro, DevPro, Cloud IT Pro, Mobile DevPro, Connected Planet and System iNetwork. Terms were not disclosed.

“While Penton’s Technology Group is largely focused on providing content to IT professionals and developers, Nine Lives focuses on the IT channel, a strategic audience that’s shaping rapidly growing markets like IT services, managed services and cloud computing,” said Sharon Rowlands, CEO of Penton Media.

 

Nine Lives Media was founded in 2008 by CEO Amy Katz, and Executive VP/Editorial Director Joe Panettieri. Katz and Panettieri join Penton, effective immediately. The unit will report to Peg Miller, Penton’s Technology Group market leader.

“Nine Lives is the perfect complement to our leading IT and developer brands, enabling us to provide both business and technology acumen to the entire technology ecosystem of IT professionals and developers, channel providers, and independent software vendors and hardware vendors. We’ve already seen strong growth in the IT channel with adoption of our newly launched Penton Marketing Services — helping them to run their businesses more effectively,” said Miller.

USANew York, NY

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Chegg, the social education platform, has acquired Student of Fortune

Chegg, the social education platform, has acquired Student of Fortune, an online tutorial marketplace for those who need help or can help others with homework. The acquisition is the fourth in little more than a year for Chegg, which has evolved beyond its flagship business of online textbook rentals into a full-service social platform for students.

Student of Fortune, based in Los Angeles and founded in 2005 by two college students, enables students to pose questions or post tutorials on a wide variety of subjects. Students can post a question that is then sent to a network of Student of Fortune experts, who in turn writes a tutorial that helps answer the question for a fee.

Students can also serve as experts, earning money themselves for writing tutorials. The service is already used by more than 300,000 students.

In separate news, Chegg also announced Thursday that it is offering textbook rentals digitally with the most comprehensive textbook library for college

In June, Chegg purchased Notehall, a company that allows students to purchase or sell notes from and to other students. In December, it purchased Cramster, an online homework aid service. And in August 2010, Chegg purchased CourseRank, an online service that helps students select courses by sharing student and professors rankings of classes.

“We have developed a site that is now relevant to students 365 a days a year, rather than just two,” said Chegg Chairman, CEO and President Dan Rosensweig. “Renting textbooks online is still an important part of our business and of students’ lives. But with Student of Fortune, as well as our previous acquisitions of Cramster, CourseRank and Notehall, we can help students rent books digitally or in paper form, schedule the best courses, locate additional study materials and purchase class notes or tutorials. For the first time, students can even earn money for sharing class notes or tutorials, and connect with fellow students. It is essentially the entire educational lifestyle of a student on one site.”

USA, Santa Clara, CA

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Wolters Kluwer Corporate Legal Services completes acquisition of NRAI

Wolters Kluwer Corporate Legal Services (CLS) has completed the acquisition of the stock of National Registered Agents, Inc. (“NRAI”). The terms of the deal were not disclosed.

The acquisition of NRAI extends CLS’s portfolio of brands for the legal services market, including CT Corporation, a provider of Corporate Business Compliance solutions, and BizFilings, an online incorporation service provider for entrepreneurs and small-business owners.

“We are pleased to welcome NRAI’s employees and partners to Wolters Kluwer Corporate Legal Services,” said Richard Flynn, president and CEO, Wolters Kluwer Corporate Legal Services. “This acquisition expands the range of CLS’s offerings to small and mid-sized businesses, creating the most comprehensive spectrum of products and service to serve our corporate and law firm customers.”

USA, New York, NY

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