Friends Reunited, Genes Reunited sold
British broadcaster ITV is acquiring UK-based Friends Reunited for up to $305 million (including a possible payment in 2009 based on performance). While the company has several web sites, Charles...
View ArticleYahoo buys del.icio.us
First Flickr, now del.icio.us. In April Del.icio.us got "somewhere around $2 million" in funding for a minority stake. Don't know yet what Yahoo paid for it. Company has only 9 employees but has really...
View ArticleNBC pays $600 million for iVillage
I blogged recently about iVillage's 2005 revenues being $91 million with net income of $9.5 million. Projections for 2006 coming in at $105-$113 million. So NBC pays $600 million for this company....
View ArticleUtah 1, Silicon Valley 1
So yesterday Verisign bought Kontiki, a managed peer-to-peer broadband video streaming company for $62 million. I believe it offers similar value (low cost video streaming) to MoveMedia (which is not...
View ArticleInternet M&A Heats Up
A great article about internet acquisitions. Old media companies are putting up billions of dollars to buy high traffic web sites (MySpace, iVillage, etc.) so they can play in the new media space. This...
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