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| Accoona's IPO Backfires, Again |
| Published: August 24, 2007, 1:30 pm |
| Tags: Business Issues Acquisitions Amp Investments |
| Web search IPO stalls on underwriter doubts from CNN Money reports that Accoona's expected $80.5 million IPO has failed due to their underwriter backing out. Maxim Group, their underwriter, backed out after completing an in-depth review of the company. The New York Times reported Edward L. Rose, the firm's vice chairman and general counsel for |
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| LookSmart Reports Poor Earnings & Sells FindArticles To CNET |
| Published: November 8, 2007, 4:23 pm |
| Tags: Business Issues Acquisitions Amp Investments |
| Gary Price reports that LookSmart has sold off FindArticles to CNET Networks for $20.5 million. LookSmart published a press release that details the sale is in cash, not in stock. Neil Ashe, CEO of CNET Networks, said: Click to continue reading... |
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| CallGenie Buys Mobile "Ad Exchange" PhoneSpots |
| Published: December 13, 2007, 8:03 am |
| Tags: Business Issues Acquisitions Amp Investments |
| Voice services provider CallGenie announced the acquisition of mobile content provider and ad exchange PhoneSpots. The mostly stock transaction was valued at $5.75 million and provides a range of new client relationships and capabilities to Canada-based CallGenie. Click to continue reading... |
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| Compete Sold For $75 Million To Taylor Nelson Sofres |
| Published: March 3, 2008, 10:51 am |
| Tags: Business Issues Acquisitions Amp Investments |
| Andrew Girdwood notes that Compete.com was purchased by Taylor Nelson Sofres (TNS) for $75 million. TNS's release reports that Compete.com's 2007 revenue was "$14.9 million, over 50 per cent higher than in the previous year." TNS will pay in deferred cash payments throughout now and 2010, up to a maximum of $75 million. Click to continue |
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| Twitter & Summize Tie The Knot |
| Published: July 15, 2008, 4:16 pm |
| Tags: Business Issues Acquisitions Amp Investments |
| The rumors that Twitter will be buying Summize have now been confirmed. Twitter, the popular micro-blogging platform has acquired Summize, a search engine that searches Twitter. You can read all the news at Techmeme and also make sure to check out Danny's write up on Summize named Summize Gains "Local" Twitter Search Option. |
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