Dada Acquires Blogo

By | February 22, 2007

Dada Acquires Blogo, Dada, an international provider of Web and mobile community and entertainment services (listed on the Italian Stock Exchange: MTAX STAR Segment: DA.MI),acquired Blogo. Blogo is the most visited network of specialised blogs in Italy and amongst the top 10 Italian Internet Web Properties with over 16 million monthly page visits and approximately 3.3 million single users per month and over 16 million monthly page visits. (font: Audiweb/Nielsen, January 2007). The 30% stake in E-Box S.r.l. will be acquired by Dadamobile for the sum of Euro 720,000 from existing capital Group funds and will be executed in 2 phases of equal amounts.