SheKnows, a division of AtomicOnline, acquired LovingYou.com, a marriage and relationships advice site. LovingYou receives around 500,000 uniques per month with 12 million page views and has been online for over 10 year. No price was disclosed.
Monthly Archives: December 2007
Microsoft acquires Multimap.com website
Microsoft Corp. has acquired UK based European mapping and location website Multimap.com in an effort to expand it’s location-based search engine and advertising web properties and to better compete with Google. Multimap.com which was started in 1996, receives more than 10 million users each month and has 120 employees. It expects $24 million in revenues in 2007, but only made around $1.6 million in pre-tax profit in 2006. Terms of the deal were not disclosed.
StyleHive.com acquires StyleDiary.net web property
San Francisco based social shopping website StyleDiary.net has been acquired by StyleHive.com. StyleDiary.net which allows users to submit, tag and vote on fashion items raised $2.62 million from Lightspeed Venture Partners last year. Terms of the acquisition were not disclosed.
Grandparents.com acquires GrandparentsMagazine.net
Grandparenting resource GrandparentsMagazine.net, with an estimated 100,000 monthly uniques, has been acquired by Grandparents.com. GrandparentsMagazine.net founder Katrina Hayday Wester will join Grandparents.com. Grandparents.com is headquartered in New York City and owned by private investment firms Laser Partners and TWS Partners.. Terms of the deal were not disclosed.
Bankrate acquires Savingforcollege.com
Bankrate acquires Savingforcollege.com, a privately owned business run by college finance industry specialist, Joseph Hurley, for $2.25 million plus $2 million in possible earnouts. Savingforcollege.com offers various tools, such as online calculators and professional directories, and information about 529 college savings plans to help families save money for college.
Centrum.cz acquired by Warburg Pincus
The No. 2 Czech Web Portal Centrum.cz and it’s parent company NetCentrum SRO, was acquired by private Equity Fund Warburg Pincus. Centrum.cz, also offers Web searching and context-based online advertising services. Apparently, Czech media has reported the value of the Web portal to be around $147 million.