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Acqusitions

American Express to Buy AOL Co-founder's Revolution Money

Authored by Mark Hefflinger on November 18, 2009 - 11:00am.
St. Petersburg, Fla. - Credit card giant American Express said on Wednesday that it will pay approximately $300 million to acquire Revolution Money, the Florida-based online payments company launched in 2007 by AOL co-founder Steve Case.
tags: Deals | AOL | Acqusitions | Revolution Money | American Express |

U.K. Regulators Oppose Ticketmaster-Live Nation Merger

Authored by Mark Hefflinger on October 8, 2009 - 9:15am.
London - The U.K. Competition Commission has come out in opposition to the proposed $1.5 billion merger of concert promotion giant Live Nation (NYSE: LYV) and Ticketmaster (NASD: TKTM), saying it would hamper competition in the U.K. market and lead to higher prices. Specifically, the Commission said in its preliminary report that the deal would "severely inhibit" the ability of Germany-based rival CTS Eventim to enter the U.K. market.
tags: Deals | Music | Live Nation | Ticketmaster | Acqusitions | Ticketing | U.K. Competition Commssion | CTS Eventim |

Binbit Acquires Southeast Asian Mobile Content Firm Acme

Authored by Mark Hefflinger on September 29, 2009 - 7:26am.
Singapore - Binbit, a Latin American mobile entertainment distributor, announced on Tuesday that it has acquired Acme Mobile, a mobile entertainment firm in Southeast Asia.
tags: Deals | Mobile | Acme Mobile | Acqusitions | Binbit |

Global Gaming Factory Rejects Multiple Bids for Pirate Bay

Authored by Mark Hefflinger on July 31, 2009 - 5:43am.
Los Angeles - Global Gaming Factory, the Swedish company currently in the process of acquiring file-sharing hub The Pirate Bay, received a $10 million bid for the service from John Fanning, the former CEO of Napster -- but the bid was rejected, TorrentFreak reports. Fanning, the uncle of Napster creator Shawn Fanning, also offered to invest $2 million in GGF's acquisition of The Pirate Bay; it's unclear whether that offer will be accepted.
tags: Deals | Video | P2P | Music | Napster | The Pirate Bay | Acqusitions | Global Gaming Factory | Hans Pandeya | John Fanning |

Web Marketer Alterian Buys Social Media Tracker Techrigy

Authored by Mark Hefflinger on July 15, 2009 - 8:15am.
London - Alterian, a provider of online marketing services, announced on Wednesday that it has acquired Techrigy, a provider of social media monitoring and analytics software.
tags: Deals | Marketing | Social Networking | Acqusitions | Alterian | Techrigy |

WSJ: IBM in Talks to Acquire Sun Micro for $6.5 Billion

Authored by Mark Hefflinger on March 18, 2009 - 9:21am.
Santa Clara, Calif. - IBM (NYSE: IBM) is in talks to acquire server maker Sun Microsystems (NASD: JAVA) in a potential deal that could be worth more than $6.5 billion, The Wall Street Journal reported on Wednesday. If consummated, it would mark the largest acquisition in IBM's history, helping to strengthen its position against rival HP.
tags: Deals | Sun Microsystems | IBM | Acqusitions |

Square Enix Makes $121 Million Bid for Eidos

Authored by Mark Hefflinger on February 12, 2009 - 9:19am.
Tokyo - Japanese game publisher Square Enix, creator of the "Final Fantasy" franchise, has made a $121.2 million offer to acquire Eidos, the U.K.-based developer of "Tomb Raider."
tags: Games | Deals | Square Enix | Eidos | Acqusitions |

Warner Bros. Acquires Game Developer Snowblind Studios

Authored by Mark Hefflinger on February 5, 2009 - 5:42am.

Burbank, Calif. - Time Warner's (NYSE: TWX) Warner Bros. Home Entertainment Group announced on Thursday that it has acquired independent game developer Snowblind Studios, creators of titles such as "Baldur's Gate," "Champions of Norrath" and "Justice League Heroes."

tags: Games | Deals | Time Warner | Snowblind Studios | Acqusitions | Warner Bros. Home Entertainment Group |

Post Production House Point.360 Acquires Video Box Studios

Authored by Mark Hefflinger on November 3, 2008 - 8:12am.

Burbank, Calif. - Point.360, a provider of integrated media management services, announced on Monday that it has acquired Video Box Studios, Inc., a provider of 3D animation, visual effects, motion design and digital finishing services.

tags: Deals | Video | Movies | 3D | Point.360 | Acqusitions | Video Box Studios |

Mobile Games Firm Glu Moves Closer to Superscape Acquisition

Authored by Mark Hefflinger on March 7, 2008 - 9:37am.

San Mateo, Calif. - Mobile games publisher Glu Mobile announced on Friday that its bid for U.K.-based fellow publisher Superscape has received acceptances representing 81% of the company's shares.

tags: Games | Deals | Mobile | Glu Mobile | Superscape | Acqusitions |

Six Apart Sells LiveJournal Blog Network to Russia's SUP

Authored by Mark Hefflinger on December 3, 2007 - 9:30am.

San Francisco - Six Apart, a provider of blogging software and services and operator of the LiveJournal network of blogs, has announced a sale of LiveJournal to Russian media firm SUP. Financial terms of the transaction were not disclosed.

tags: Deals | Blogs | Publishing | Six Apart | LiveJournal | Acqusitions | SUP |

Report: Sale of Bankrupt Air America Radio Hits Potential Roadblock

Authored by Mark Hefflinger on February 15, 2007 - 1:09pm.

New York - Air America Radio, the New York-based liberal talk radio network that in October filed for Chapter 11 bankruptcy protection, has seen its proposed $4.25 million sale to SLG Radio hit a roadblock, according to TheDeal.com.

tags: Deals | Radio | Politics | Acqusitions | Air America Radio | SLG Radio | Democracy Allies |