Archive for the ‘Acquisitions’ Category

Buzznet acquires Stereogum Music Blog

Wednesday, April 9th, 2008

Buzznet, one of the leading social music communities announced that it acquired Stereogum  - a music blog. There are no details about the deal.

Internet Brands acquires 5 websites

Wednesday, April 9th, 2008

Internet Brands, which operates community and e-commerce websites, announced that it acquired five  leisure-related websites in its consumer Internet division. The largest of the sites, FitDay.com, is a online dieting and fitness sites, three other sites (HighDefForums.com, HighDefDigest.com and AVRev.com) target  the rapidly growing consumer interest in high-definition home entertainment, while the fifth site, VetInfo.com, features extensive content related to pet health.

With these acquisitions on a full-month basis, Internet Brands’ unique monthly visitors climbed to 34 million in March 2008, while monthly page views increased to 458 million in the same period.

CraveOnline Acquires HoopsVibe

Monday, March 31st, 2008

Male lifestyle portal CraveOnline, a leading lifestyle destination for men, has acquired established hoops fan and basketball culture site HoopsVibe. HoopsVibe was founded in 2002 and covers all aspects of basketball culture, catering to the whole spectrum of fans.

Terms were not disclosed.

Fashion Site Stylemob is acquired by Glam Media

Sunday, March 30th, 2008

Fashion site Stylemob has been acquired by woman/lifestyle/fashion network Glam Media. Terms were not disclosed. Stylemob is less than a year old, and has three employees.

Communicate.com Acquires Auctomatic.com

Friday, March 28th, 2008

It was announced that Communicate.com, one of the better known domainers, has acquired Auctomatic.com for a reported $5 million. Auctomatic caters to eBay sellers and offers an online inventory management system from their site.  Communicate.com has been accumulating domain names and web properties for over 10 years.

Relationship Advice Site Answerology acquired by Hearst

Thursday, March 27th, 2008

Hearst Magazines announced that it bought out online relationships advice site Answerology.com. The New York based site which was founded in 2005 focuses on relationships and marriage advice and enables members to pose questions to a targeted community around relationship-related topics such as dating, family, career, and marriage. Although terms of the deal were not disclosed, it is reportedly in the seven figures.