Breaking Mergers, Acquisitions, and VC News

Skype Litigation Settled; Sale by eBay to Investors to Proceed

Authored by Mark Hefflinger on November 6, 2009 - 8:35am.
San Jose, Calif. - Skype parent company eBay (NASD: EBAY) announced on Friday that litigation between an investor group looking to acquire Skype and the creators of the Internet telephone service has been settled, and that its sale of a majority stake in Skype will now proceed. As a result of the settlement, the acquisition deal has been restructured, and Skype creators Niklas Zennstrom and Janus Friis will now join the investor group, led by Silver Lake, and make a "significant capital investment" in exchange for a 14% stake in Skype.

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VC Deals by Sector:
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tags: Deals |

Acquisition Links

Acquisitions by Sector:
Music   |   Games |   Video   |   Mobile
tags: Deals |

Eventbrite Lands $6.5 Million for Event Registration Service

Authored by Mark Hefflinger on November 5, 2009 - 10:11am.
San Francisco - Eventbrite, a provider of online event planning and registration services, has raised $6.5 million in new funding led by Sequoia Capital, TechCrunch reported, citing a regulatory filing.

Sling Media Founder Backs Web TV Index Clicker

Authored by Mark Hefflinger on November 5, 2009 - 8:40am.
Los Angeles - Clicker, an index of TV shows and other video available online, has received an investment from Sling Media founder and former CEO Blake Krikorian, who has also taken a seat on the company's board.

Everlater Lands Funding for Online Travel Journals

Authored by Mark Hefflinger on November 5, 2009 - 8:30am.
Boulder, Colo. - Everlater, the provider of an online travel journal service that lets users share travel experiences, announced that it has raised an undisclosed sum of first round funding, led by Highway 12 Ventures.

CubeTree Raises $8 Million for Social Collaboration Software

Authored by Mark Hefflinger on November 4, 2009 - 10:54am.
Redwood City, Calif. - CubeTree, a developer of Web-based collaboration software built on a social networking platform, said on Wednesday that it has raised $8 million in its second round of funding, led by InterWest Partners.

eMusic Parent Makes Bid for The Orchard

Authored by Mark Hefflinger on November 3, 2009 - 7:36am.
New York - Dimensional Associates, the private equity unit of JDS Capital that owns digital music service eMusic, is in talks to acquire all of the shares of digital music and video distributor The Orchard (NASD: ORCD) it does not already own, PaidContent reported, citing an SEC filing.

Web Video Index Blinkx to Raise $8.1 Million in Share Offering

Authored by Mark Hefflinger on November 3, 2009 - 7:25am.
San Francisco - Blinkx, the provider of a searchable index of Web videos, announced on Tuesday that will raise $8.1 million through an offering of shares representing 10% of the company.

Out-of-Home Digital Network Zoom Buys Gym Screen Media

Authored by Mark Hefflinger on November 3, 2009 - 7:09am.
London - Zoom Media, the U.K.-based provider of a digital out-of-home programming and advertising network in health and fitness venues, announced on Tuesday that it has acquired rival Gym Screen Media.

Greylock Closes $575M Fund; Names LinkedIn's Hoffman Partner

Authored by Mark Hefflinger on November 2, 2009 - 10:47am.
San Mateo, Calif. - Greylock Partners, a venture capital firm focused on the technology sector, said on Monday that it has closed a new $575 million fund.

Amazon.com Closes Acquisition of Web Shoe Store Zappos

Authored by Mark Hefflinger on November 2, 2009 - 8:37am.
Seattle - Completing one of the summer's largest acquisitions, online retail giant Amazon.com (NASD: AMZN) on Monday officially closed its $850 million deal to buy Web shoe store Zappos.

Financial Services Firm Motley Fool Raises $25 Million

Authored by Mark Hefflinger on November 2, 2009 - 8:12am.
Chantilly, Va. - The Motley Fool, a multimedia financial services and news publishing company, has received a $25 million investment from BIA Digital Partners and Patriot Capital II.

Report: Comcast Closer to NBC Universal Deal

Authored by Mark Hefflinger on November 2, 2009 - 7:50am.
New York - Comcast (NASD: CMCSA) is closer to a deal with General Electric (NYSE: GE) to take over control of its NBC Universal unit, after meetings last week concluded with a tentative agreement on the main points, The New York Times reported, citing people briefed on the talks. Under the proposed deal, Comcast would contribute "several billions of dollars in cash and its own stable of cable networks," and receive a 51% stake of NBC Universal.

Social Games Maker Zynga Acquires Virtual Pets Firm GoPets

Authored by Mark Hefflinger on November 2, 2009 - 7:31am.
San Francisco - Zynga, a developer of social media games, has acquired virtual pets firm GoPets for an undisclosed sum, Virtual Goods News reported, citing a Facebook post from GoPets founder Erick Bethke.

Scoopler Gets Seed Funding for Real-Time Search

Authored by Mark Hefflinger on November 2, 2009 - 7:22am.
San Francisco - Scoopler, the developer of a real-time search engine, has landed seed funding from investors Ron Conway, Michael Birch, Avalon Ventures and XG-Ventures, PEHub.com reported.

AuroraFeint Lands Funding for iPhone Game Platform

Authored by Mark Hefflinger on November 2, 2009 - 7:13am.
Burlingame, Calif. - AuroraFeint, the provider of a game development platform for Apple's (NASD: AAPL) iPhone, has received a multi-million dollar investment from Japanese mobile service provider DeNA, VentureBeat reported.
tags: Games | Deals | Mobile | VC | Apple | iPhone | AuroraFeint | DeNA |

Report: AOL Aims for Mid-December Spin-Out from Time Warner

Authored by Mark Hefflinger on October 30, 2009 - 7:06am.
Dulles, Va. - Following months of preparations, AOL plans to complete its spin-off from parent Time Warner (NYSE: TWX) in mid-December, Silicon Alley Insider reported. The blog cited three separate sources, including an AOL insider involved in the planning, while qualifying that an exact date hasn't yet been announced internally.
tags: Deals | AOL | Time Warner | Spin-Off |

Web Metrics Firm comScore to Acquire Certifica, Cut Jobs

Authored by Mark Hefflinger on October 30, 2009 - 6:46am.
Reston, Va. - Boosting its presence in the fast-growing Latin American market, comScore (NASD: SCOR), a provider of Internet audience measurement services, said it will acquire Chilean Web measurement firm Certifica.

Godengo Raises $2.2 Million for Online Magazine Services

Authored by Mark Hefflinger on October 30, 2009 - 6:39am.
Emeryville, Calif. - Godengo, a provider of advertising, SEO and other online services for magazines, has raised $2.16 million in new funding, SiliconTap reported, citing a regulatory filing.