Dice Holdings acquires Geeknet’s online media business for $20M

September 18, 2012 — Fusion DigiNet

Dice Holdings, a provider of specialised career websites has acquired Geeknet’s online media business, including Slashdot and SourceForge. Dice Holdings acquired the business for $20 million in cash.  In 2011, the online media properties generated $20 million in Revenues.

“The acquisition of these premier technology sites fits squarely into our strategy of providing content and services that are important to tech professionals in their everyday work lives,” said Scot Melland, Chairman, President & CEO of Dice Holdings, Inc. “The SourceForge and Slashdot communities will enable our customers to reach millions of engaged tech professionals on a regular basis and significantly extends our company’s reach into the global tech community.”

The sites include:

  • Slashdot, a user-generated news, analysis, peer question and professional insight community.  Tech professionals moderate the site which averages more than 5,300 comments daily and 3.7 million unique visitors each month.
  • SourceForge, a destination for technology professionals and enthusiasts to develop, download, review and publish open source software, much of which they use in their own organizations.  Approximately 80 percent of its roughly 40 million monthly unique visitors are outside the U.S.
  • Freecode, one of the largest indexes of Linux, Unix and cross-platform software, as well as mobile applications generates nearly 500,000 unique visitors each month.

USA, New York, NY & Canada, Fairfax, VA

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Shutterfly acquires Penguin Digital

September 18, 2012 — Fusion DigiNet

Online photo services company Shutterfly has acquired Penguin Digital, a mobile application developer that provides consumers with a way to create, share and purchase photo merchandise directly from their mobile devices.

Penguin Digital launched an iPhone app in January 2012 called Mobile Photo Factory or MoPho for short (www.mophoapp.com), which allows anyone to easily create physical prints and photo based merchandise such as iPhone & iPad cases, mugs, key chains, apparel, canvas prints and more. The MoPho application will be rebranded and updated over the next few months and will add to Shutterfly’s mobile offerings, which include the popular Shutterfly iPhone and iPad apps and the soon to be released Treat birthday card app. Terms of the deal were not disclosed.

Penguin Digital founders Reuven Moskowitz and Josh Friedman, along with the rest of the Penguin Digital team, will be establishing Shutterfly’s new technology centre in New York City.

“The acquisition of Penguin Digital supports our mobile strategy aimed at giving consumers better ways to engage with their photos and personalize products on the go,” said Jeffrey Housenbold, president and CEO of Shutterfly. “We believe it’s important to give consumers the choice and convenience of transforming their memories into high quality products and gifts from their PC, tablet and mobile phone. Our recent strategic acquisitions of Nexo, TinyPrints, Photoccino and now Penguin Digital combined with our continued investment in organic growth and innovation further enables us to fulfill our vision of making the world a better place by helping people share life’s joy.”

USA, Redwood City, CA

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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

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TiVo to acquire TRA

July 17, 2012 — Fusion DigiNet

TiVo is to acquire TRA, a media marketing and analytics software company whose products help advertisers, agencies and television networks improve advertising targeting, accountability and return on media investment. TRA matches television exposures from 1.5 million TV homes with specific purchase transactions. The new unit will be known as TiVo Research and Analytics.

Tom Rogers, CEO and President of TiVo said, “TV has long been the best medium for advertisers to influence what consumers buy. TRA has proven its platform can determine the effectiveness of TV advertising by connecting the exposure of ads to actual purchases, helping advertisers identify the right audience and get the most out of their ad dollars. TRA has driven a substantial client list of advertisers, agencies and networks with this proposition. With this new level of unique audience insights and analytics, TiVo will be able to provide insights nobody else has in an industry increasingly seeking alternative ways to measure audience behavior accurately while increasing efficiencies in media spending.”

TRA has more than 45 brand clients and 27 network clients including CBS, A&E Television Networks, ION Media, Procter & Gamble, Oscar Mayer and Starcom MediaVest Group, among others.

TiVo will pay approximately $20 million for TRA. TiVo expects the transaction to close this month. TRA’s revenue is on track to increase significantly in 2012.

 

USA, Alviso, CA

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Facebook has acquired Face.com

June 20, 2012 — Fusion DigiNet

Facebook has acquired Face.com for an undisclosed sum. The acquisition was announced on the Face.com blog.

“Our mission is and has always been to find new and exciting ways to make face recognition a fun, engaging part of people’s lives, and incorporate remarkable technology into everyday consumer products. If you’re anything like us, Facebook is a part of your life every single day.  We keep up with our friends and family, share interesting (or mundane) experiences from our daily lives, and perhaps most importantly for us, we share a LOT of photos.

Read the rest of the June 18, 2012 blog entry here.

USA, Menlo Park, CA

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Mood Media Corporation acquires BIS for €22.5M

June 1, 2012 — Fusion DigiNet

Mood Media Corporation has acquired BIS Group, a provider of commercial audio-visual installation in the Benelux region, for a consideration of €22.5 million in cash. Mood Media is an in-store media specialist that helps its clients communicate with consumers with a view to driving incremental sales at the point-of-purchase.

In the year ended December 31, 2011, BIS recorded revenue of €46.1 M and Profit Before Tax of €2.6 M.

Lorne Abony, CEO & Chairman of Mood Media Corporation, commented, “We are excited about the BIS acquisition for a number of reasons.  Firstly, the acquisition’s merits on a stand-alone basis are compelling; Mood is acquiring a well-established business with a strong market position at an attractive value. Most critically, however, we believe that BIS’s sophisticated and comprehensive installation capabilities will enable Mood to better capitalize on its tremendous visual market opportunity and grow its visual recurring revenue base more efficiently.

The acquisition is in step with Mood’s growth strategy of driving organic sales growth by enabling the enlarged group to offer an expanded range of products and services.  The integration of BIS with Mood also offers further opportunities to centralise and realise scale economies from the combined organisation.

Canada, Toronto & The Netherlands, Ridderkerk

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Ziff Davis Acquires ComputerShopper.com

May 14, 2012 — Fusion DigiNet

Technology media company Ziff Davis has acquired ComputerShopper.com, a destination for expert, labs-based reviews and comparison shopping of technology products.

Computer Shopper has long been an authoritative voice in the hardware and software industries, initially as a print publication and today as a website attracting over 1.5 million unique visitors per month.

The fifth acquisition for Ziff Davis since the beginning of 2011, ComputerShopper.com gives the fast growing digital media company yet another influential property that plays a critical role in guiding technology buyers in their purchase decisions.

Founded in 1979, Computer Shopper was a Ziff Davis property from 1993-2001 when it was sold to CNET. SX2 Media Labs, which purchased Computer Shopper from CNET in 2006, is now selling it back to Ziff Davis.

“We’re thrilled to be bringing Computer Shopper back into the Ziff Davis portfolio as a digital business with a very devoted audience,” said Vivek Shah, CEO of Ziff Davis. “ComputerShopper.com perfectly fits our mission to inform and influence buyers of technology.”

ComputerShopper.com will join PCMag.com, ExtremeTech.com, Geek.com, Toolbox.com and LogicBuy.com in Ziff Davis’ group of owned-and-operated properties.

USA, New York, NY

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