Covert & Co. hosted an exclusive VIP dinner at Michelin Star Ame Restaurant during the Ad:tech Conference, along with co-host Manatt, Phelps & Phillips. This dinner was invite-only and strictly limited to CEOs of top ad tech companies, partners at VC firms, and senior executives of…
Covert & Co. hosted an exclusive VIP reception at the 2013 Game Developers Conference, along with co-hosts Google Ventures and Pillsbury Winthrop Shaw Pittman. This was the highest quality private event at GDC, attended by 200 leaders in the game/media sector. Attendees were invite-only and…
Michael Metzger, Principal at Covert & Co., will be hosting a fireside chat with Barry Cottle, Chief Revenue Officer at Zynga at the Digital Media Wire Los Angeles Games Conference on April 19, 2013. The discussion will cover the outlook for real money and mobile…
The German American Business Association (GABA) is hosting its Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe. The event will…
Leading Companies Combine to Establish Worldwide Platform for Publishing and Development of PC and Mobile Games, Supporting over 50 Million Users and Dedicated Teams in Five Major Countries SANTA CLARA, Calif.–(BUSINESS WIRE)–Aeria Games & Entertainment, Inc., a leading global publisher of free-to-play online games, announced…
Startup Venture Summit: The Brass Ring–Investor and Entrepreneur with Successful Exits that Sold Their Ventures Hear firsthand experiences of successful entrepreneurs and investors that sold their companies. Learn about how they developed a revenue strategy, worked with a management team, attracted a purchaser, negotiated deal…
CALABASAS, Calif. (July 23, 2012) – DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, today announced the closing of its previously announced acquisition of SRS Labs, Inc. (Nasdaq: SRSL), a leader in audio processing and enhancement technologies. The closing follows the satisfaction of all…
Full video of Bloomberg TV’s Emily Chang hosting Covert & Co’s M&A Panel in Menlo Park.
Covert & Co. is pleased to announce that Michael Metzger, Principal at Covert & Co. will be speaking at Digital Hollywood at the Ritz Carlton in Marina Del Rey, California on Tuesday October 16, 2012 at 12:30PM. He is participating as part of an esteemed…
Michael Metzger, Principal at Covert & Co. will be hosting a fireside chat with Brian Cho, Partner at Andreessen Horowitz at the New York Games Conference on September 3, 2012. The discussion will cover the investment climate in the gaming sector, the outlook for online…
Covert & Co. is pleased to host an exclusive VIP reception co-sponsored by Google Ventures and Perkins Coie on Tuesday, July 24, 2012 in Seattle. This invite-only reception will be attended by 100+ CEO’s of the hottest game companies, partners at venture capital firms and senior…
Kevin Covert, President of Covert & Co., speaks with CBS Radio host Frank Motteck regarding M&A and tech / digital media trends in Southern California. Frank Mottek is the voice of business news in Los Angeles. An award-winning broadcast journalist with more than 25 years…
Santa Monica-based Fastpoint Games, the developer of virtual fantasy sports games which was headed by Kelly Perdew, has been sold to Los Angeles-based WePlay, Weplay announced Monday. Financial terms of the buy were not disclosed. WePlay, which is headed by Lane Soelberg, said the deal…
Investment Banking veteran Kevin Covert will share insights into achieving home-run M&A and financing outcomes for digital media and technology companies. He will discuss current M&A and VC financing market dynamics, acquisition and financing interests of the large media and tech buyers and how to…
Combination Accelerates Growth in Rapidly Growing Mobile and Other Network-Connected Markets Brings Together Leaders in Codec Solutions and Audio Processing Transaction Expected to be Accretive to DTS by 2013 SANTA ANA, Calif. & CALABASAS, Calif.–(BUSINESS WIRE)–DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, and…
Top-Rated Social Monitoring Service to Be Incorporated into Avira’s Free Security Products SAN BRUNO, Calif. & TETTNANG, Germany, Mar 29, 2012 (BUSINESS WIRE) — Security expert Avira announced today that it has acquired SocialShield®, the top-rated parental monitoring service for keeping children and teens safe…
The German American Business Association (GABA) is hosting its Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe. The event will…
Oct. 25 (Bloomberg) — Bloomberg TV’s Emily Chang discusses Google’s and Microsoft’s M&A strategy after moderating a panel at the Rosewood Hotel hosted by Covert & Co. (Source: Bloomberg) http://www.bloomberg.com/video/78910822/
Covert & Co. hosted a private reception in the Bay Area on October 24 at the Rosewood Hotel that brought together 250 of the most influential people in technology and digital media. Emily Chang of Bloomberg TV hosted an exciting fireside chat with the Heads…
LOS ANGELES, July 1, 2011 – Covert & Co. is pleased to announce that Michael Metzger has been chosen as one of 40 distinguished individuals under the age of 40 to be recognized with the M&A Advisor’s 40 Under 40 Award. The M&A Advisor, renowned…
Tomio Geron | May 18, 2011 LinkedIn is preparing to price its IPO Wednesday and begin trading on the NYSE Thursday, in what could be a very big day for the company as well as investors and other shareholders. Will the offering also open up…
IGN Entertainment merges with UGO Entertainment SAN FRANCISCO and NEW YORK, May 5, 2011 – News Corporation’s IGN Entertainment today announced the acquisition of Hearst Corporation’s UGO Entertainment, an agreement that will create a clear leader in video games media. IGN Entertainment will now operate…
IGN Entertainment merges with UGO Entertainment SAN FRANCISCO and NEW YORK, May 5, 2011 – News Corporation’s IGN Entertainment today announced the acquisition of Hearst Corporation’s UGO Entertainment, an agreement that will create a clear leader in video games media. IGN Entertainment will now operate…
A Montgomery & Co. veteran has established a new firm to serve a sector that’s found its way back into the spotlight April 8, 2011 Kevin Covert, a West Coast investment banking veteran who co-founded what is now Montgomery & Co. and expanded its merger…
Kevin Covert and team are hosting a private, invite-only reception to celebrate the launch of his new firm, Covert & Co. This event will bring together the most influential people in digital media and technology. Attending the event will be CEOs from the hottest tech…
April 6 (Bloomberg) — Kevin Covert, founder and president of Covert & Co., talks about Dish Network Corp.’s proposed acquisition of Blockbuster Inc. Covert also discusses the Wall Street Journal’s report that Google Inc.’s YouTube may be planning to spend as much as $100 million…
The latest technology boomlet has inspired the creation of yet another tech investment bank. Kevin Covert, a co-founder of boutique i-bank Montgomery & Co., is launching the 10-person Covert & Co. in Los Angeles. “We want to provide premium advice to the little guys,” Covert…
Veteran banker Kevin Covert–the force behind the sales of Grouper Networks Inc. to Sony Pictures Entertainment and Musicmatch Inc. to Yahoo Inc.–is launching his own investment bank. Ten-person Covert & Co. will advise technology companies seeking to complete M&A transactions and raise funds. It will…
Investment banks are scrambling to open branches and make their presence known in the Silicon Valley area because they are expecting a “huge wave” of mergers and acquisitions and financing deals in tech and media over the next two years, Kevin Covert, president and co-founder…
LOS ANGELES–(BUSINESS WIRE)–M&A industry veteran, Kevin Covert announced today the launch of investment bank, Covert & Co. Based in Los Angeles, Covert & Co. provides premium M&A and financing services to Internet, media and technology companies in the U.S. and international markets. “I couldn’t have…
Investment banker Kevin Covert is increasing staff at his company, Covert & Co, up to prepare for an M&A bonanza in Silicon Valley. He says that the conditions are great for M&A especially in new media. Mr Covert lives in southern California but he is…
Digital Media Feeds M&A in LA, Kevin Covert Kevin Covert has hung out his own shingle. After many years and many M&A deals, Kevin knows his way around the digital media scene in Los Angeles. There’s been a lot of talk about early-stage companies finding…
LeisureLink Closes $9 Million Series C Venture Round Pasadena, CA –(November 10, 2010) – LeisureLink, Inc., the leading distribution and revenue management platform for specialty lodging suppliers, today announced the successful closing of a $9.0 million venture financing round. All current investors participated in the…
Stripes Group Completes $13 Million Investment in MyWebGrocer Colchester, VT and New York, NY – August 10, 2009. On Wednesday, August 5, 2009, Stripes Group completed a $13 million equity investment in MyWebGrocer Inc., a rapidly growing and profitable Colchester, VT-based software-as-a-service company providing leading…
DriveCam Closes $19 Million in Capital Financing Following Breakout Year New Investor, Triangle Peak Partners, Leads Round with Full Participation from Current Investors, Menlo Ventures, JMI Equity, Insight Venture Partners and Integral Capital SAN DIEGO – (BUSINESS WIRE) – August 11, 2009 – DriveCam Inc.,…
LLR Partners Acquires I-many, Inc. in Take Private Transaction Philadelphia; June 25, 2009 – LLR Partners recently completed the $55 million acquisition of I-many, a leading provider of contract management software and services. With hundreds of global customers across multiple industries, I-many’s solution provides greater…
Haggin Marketing Aquires SolutionSet SAN FRANCISCO, CA – Feb. 10, 2009 – Haggin Marketing, a leading multichannel direct marketing services agency, today announced that it has acquired digital marketing agency SolutionSet. Based in Palo Alto, SolutionSet was recognized last year by Inc. Magazine as the…
MarketShare Partners Announces Investment from Elevation Partners LOS ANGELES and MENLO PARK Calif., – February 25, 2009 – MarketShare Partners (MSP), the industry’s leading marketing analytics firm, today announced that private equity firm Elevation Partners has made a minority equity investment in the Company. The…
Eclipsys Completes Acquisition of Premise, Adds Patient Flow Solutions to Enterprise Performance Management Solution Set Atlanta, GA — January 5, 2009: Eclipsys Corporation® NASDAQ:ECLP), The Outcomes Company® today announced the completion of its acquisition of Premise Corporation, a privately held industry leader in patient flow…
Campus Management Acquires Talisma CRM Boca Raton, FL, November 14, 2008 – Campus Management Corp. announced today that it has finalized an agreement with nGenera Corporation and has acquired assets of its subsidiary, Talisma Corporation. The assets include nGenera’s Talisma CRM software, the Talisma Higher…
KickApps Secures $14M Series C Financing November 28, 2008 – Kickapps, a provider of on-demand social media applications, closed a Series C financing round from investors, North Atlantic Capital, Prism VentureWorks, SoftBank Capital, and Spark Capital. For more information about the KickApps visit: www.kickapps.com/
Comcast Buys Daily Candy August 6, 2008 (FinancialWire): Comcast Corp. (NASDAQ: CMCSA) has acquired DailyCandy, a women’s fashion and lifestyle e-mail newsletter for an undisclosed amount. Comcast said DailyCandy, which started in 2000, runs a successful premium ad-supported e-mail business and has kept a loyal…
Summit Partners Makes Investment in PeopleAdmin AUSTIN, TX and BOSTON, MA–(Marketwire – September 8, 2008) – PeopleAdmin, Inc., a leading provider of on-demand human resources software and solutions for higher education and public sector organizations, announced today that it has received an investment from Summit…
Waud Capital Partners Acquires Advanced Reimbursement Management Chicago, IL September 5, 2008 – Waud Capital Partners, LLC (WCP) has completed the acquisition of Advanced Reimbursement Management, L.L.C. (Advanced Reimbursement, or the Company). Based in Phoenix, AZ, Advanced Reimbursement is a leading provider of revenue cycle…
Ask.com to Acquire Lexico, Owner of Dictionary.com, Thesaurus.com, and Reference.com Transaction Grows Ask.com’s User Base and Strengthens Its Position in the General Search Market Oakland, Calif. – May 15, 2008 — Ask.com (www.ask.com), a leading search engine and wholly-owned business of IAC (Nasdaq: IACI), today…
nGenera Acquires Talisma Corp, Powers Customer Experience On-Demand AUSTIN, TX, May 21, 2008 – nGeneraTM Corporation today announced it has acquired Bellevue, Washington based Talisma Corp., the leading provider of Customer Interaction Management (CIM) and Customer Experience on-demand software solutions. Financial terms of the deal…
ENTROPIC COMMUNICATIONS ACQUIRES VATIV TECHNOLOGIES, Acquisition Further Extends Entropic’s Leadership in Connected Home Entertainment SAN DIEGO, CA, April 4, 2008 – Entropic Communications, Inc. (Nasdaq: ENTR), a leading provider of silicon solutions to enable connected home entertainment, today announced that it has acquired substantially all…
World Raises $25 Million to Support Surging Demand For Its Intelligent Television Advertising Platform Leaders of the Financial, Advertising, and Media Industries Cast Their Votes for Visible World’s Revolutionary Targeting and Customization Technology. (Vocus/PRWEB ) April 15, 2008– Visible World, creator of the leading advanced…
Realtime Worlds Secures $50 Million in Second Round Funding Capital from Maverick, NEA and WPP Positions Leading Game Developer for Accelerated Growth and Innovation DUNDEE, Scotland & BOULDER, CO (BUSINESS WIRE)– Realtime Worlds, a leading independent video game developer, today announced that it has raised…
Trintech Group Announces Agreement to Acquire Movaris, Inc. Combination is intended to create the Premier Provider of the “Office of the CFO” Solutions for Financial Governance, Reconciliation, Risk Management and Compliance DALLAS, TX/DUBLIN, Ireland, February 11, 2008 — Trintech Group Plc (NASDAQ: TTPA), a leading…
AdvancedMD Acquired By Francisco Partners SALT LAKE CITY, UT, January 17,2008 — AdvancedMD Software Inc., the leading provider of web-based medical practice management solutions, today announced that it has been acquired by Francisco Partners, a leading technology-focused private equity firm based in San Francisco. The…
Ariba Completes Acquisition of Procuri – Ariba, Inc. (Nasdaq: ARBA) today announced that it has completed the acquisition of Procuri, Inc. a privately-held provider of on-demand supply management solutions. With the acquisition, Ariba extends its position as the leading provider of spend management solutions to…
Hemisphere GPS to Acquire BEELINE Technologies Secures OEM partnership with AGCO and adds new market verticals CALGARY, December 10, 2007 /CNW/ – Hemisphere GPS (TSX: HEM), a designer and manufacturer of advanced GPS products, has entered into a definitive agreement with BEELINE Technologies Pty Ltd.…
Move Networks Backed by Industry Leaders in $46 Million Series C Funding Round Additional Capital Will Accelerate the Delivery of High Quality Online Television to Tens of Millions of New Users Worldwide AMERICAN FORK, Utah–(BUSINESS WIRE)–Move Networks, a leading provider of high definition online television…
Silver Lake Sumeru Acquires Majority Stake in Mobile Messenger LOS ANGELES & MENLO PARK, CA (BUSINESS WIRE)– Mobile Messenger, a leading global provider of technology and services for mobile content management and distribution, and Silver Lake Sumeru, the middle-market technology focused investment fund within Silver…
Quovadx Acquires Healthvision Leading HIE provider expands Quovadx’s solutions capabilities DALLAS, TX – October 3, 2007 – Today, Quovadx® announced the acquisition of Healthvision®, a Health Information Exchange (HIE) industry leader with proven solutions that connect the healthcare communities of hospitals, labs, physicians, patients and…
Constellation Software Inc. Acquires Varsity Logistics Inc. Toronto, Canada – October 5, 2007 – Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that it has completed, through its wholly-owned subsidiary Constellation Software (U.S.A.) Inc., the acquisition of San Francisco, CA-based Varsity Logistics Inc. (“Varsity”), a…
Network Physics Sells Assets to OPNET Technologies October 19, 2007 — Network physics, a provider of real-time performance management solutions for converged networks, agreed to the sale of its assets to OPNET Technologies. Sellers included Intel Capital, Palomar Ventures, Sofinnova Ventures, SunAmerica Ventures, and Trinity…
WPP acquires Blast Radius October 2007 – WPP announces that it has acquired the business of Blast Radius (“Blast Radius”), a leading strategic interactive marketing agency, which designs, delivers and optimizes innovative, profitable, customer experiences for leading global brands. Blast Radius will be aligned with…
CBS Corporation to Acquire SignStorey, a Leading Nationwide Provider of In-Store Programming and Advertising Content Company To Be Renamed “CBS Outernet” September 06, 2007: 08:30 AM EST NEW YORK, NY – September 6, 2007 (PRNewswire-FirstCall) – CBS Corporation announced today that it has entered into…
WPP Acquires Marketing Leader, Schematic Servicing Fortune 1000 Clients, Schematic is the Industry Expert for Interactive Design, Development and Technology in the US LONDON & NEW YORK, NY (BUSINESS WIRE) – WPP (NASDAQ:WPPGY) announced today that it has acquired Schematic, one of the largest independent…
Telanetix Executes Definitive Agreement To Acquire AccessLine Communications and Is Positioned TO Expand Integrated IP Platform For Voice, Data and Video SAN DIEGO, CA – September 4, 2007 – Telanetix, Inc. (OTC Bulletin Board: TNXI – News) a leading developer of telepresence solutions, announced today…
Omniture Acquires Offermatica Combination Will Provide the Industry’s First and Only Integrated Site Optimization Suite OREM, UT and SAN FRANCISCO, CA – September 7, 2007 – Omniture, Inc. (NASDAQ:OMTR), a leading provider of online business optimization software, today announced it has entered into a definitive…
Hearst Corporation to Acquire UGO Networks Deal Signifies Hearst’s First Major Step Into Digital Entertainment NEW YORK, NY (BUSINESS WIRE) – Hearst Corporation announced today that it will acquire UGO Networks, Inc., a leading online entertainment company. The announcement was made by Victor F. Ganzi,…
Thomson: New Achievements in the Implementation of the Integrated Services Strategy Towards Digital Production and On line Distribution Acquisition of SyncCast, a World Leader in Online Distribution of Rich Media Content, Further Strengthens Strategy PARIS, France and BURBANK, CA — September 5, 2007 – Thomson…
Norkom Technologies Consolidates Global Leadership & Accelerates Growth with Acquisition of Digital Harbor DUBLIN – July 31, 2007 (PRNewswire) – Norkom Technologies, the leading provider of financial crime and compliance software to the global financial services industry, has today announced the acquisition of US based…
Corporate Executive Board Completes Acquisition of ITtoolbox, Extends Service with the Addition of a Professional Online Community Acquisition of ITtoolbox by CEB Points to the Practical Application of Online Communities for Professional Knowledge Sharing August 16, 2007 – The Corporate Executive Board (NASDAQ: EXBD) today…
Dominion Enterprises Acquires Autobase, Inc. Makes First CRM Acquisition in Automotive Industry NORFOLK, VA – June 12, 2007 – Dominion Enterprises, a leading media and information services company, announced today that it has acquired Autobase, the leading supplier of auto dealership marketing and sales solutions.…
Dairyland Healthcare Solutions Acquired By Francisco Partners June 28, 2007 – Dairyland Healthcare Solutions announced that it has been acquired by Francisco Partners (FP), a leading technology-focused private equity firm based in Menlo Park, California. Dairyland’s reputation and long-term success in the community and specialty…
Philips Completes Acquisition of TIR Systems Amsterdam, The Netherlands and Vancouver, Canada – Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today that it has completed its acquisition of Vancouver, Canada-based TIR Systems Ltd. (TSX: TIR), a leading company in Solid State Lighting (SSL) technology for products…
SAP Strengthens Leadership in Analytic Applications Market with Acquisition of Pilot Software SAP Continues to Deliver on Its Commitment to Broaden Its Analytic Offerings WALLDORF, Germany – February 20, 2007 – Addressing C-level executive requirements for comprehensive analytic applications for performance management, SAP AG (NYSE:…
Fidelity National Real Estate Solutions Announces Acquisition of Go Apply JACKSONVILLE, FL – February 5, 2007 – Fidelity National Real Estate Solutions, Inc. (“FNRES”), a majority-owned subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance, specialty insurance and claims management services,…
Reactrix Completes $45M Financing with New Investments from The D. E. Shaw Group and Menlo Ventures Existing Investors Mobius Venture Capital, Thomas Weisel Venture Partners and Worldview Technology Partners Also Participate in Round to Further Expand the Reactrix Media Network REDWOOD CITY, CA – February…
LegalZoom.com Announces Strategic Investment by Polaris Venture Partners LOS ANGELES, CA — March 19, 2007 – LegalZoom.com, Inc., the nation’s leading online legal document preparation service, today announced that it has secured financing from Polaris Venture Partners, a national venture capital firm with over $3…
JonesTrading Secures $50 Million In Equity, Signals Continued Growth Los Angeles, CA – April 2, 2007 – JonesTrading Institutional Services LLC, a leading agency brokerage, which provides institutions with block trading of U.S. and Canadian securities, announced today that it has received a $50 million…
Hearst Magazines Announces Acquisition of eCRUSH.com, Inc. Publisher of CosmoGIRL!, Seventeen & Teen Expands Online Presence NEW YORK (BUSINESS WIRE) – Hearst Magazines Digital Media, the online unit of Hearst Magazines, has acquired eCRUSH.com, Inc., a top entertainment/community network for teens and young adults. The…
Channel Intelligence Series F Financing ORLANDO, FL – November 28, 2006 – Channel Intelligence (CI), a leader in technology innovation for Web-initiated commerce, today announced a financing of the company by Internet Capital Group, Inc. (Nasdaq: ICGE). CI seeks to drive greater advancements in innovative…
Buena Vista Games to Acquire Award-Winning Climax Racing Addition of UK Studio Furthers Buena Vista Games’ Commitment to Quality and Creativity BURBANK, CA & LONDON (BUSINESS WIRE)- Buena Vista Games, Inc. (BVG), the interactive entertainment affiliate of The Walt Disney Company (NYSE:DIS), today announced the…
Sony Pictures Entertainment Acquires Grouper CULVER CITY, CA – August 23, 2006 (PRNewswire) – Sony Pictures Entertainment (SPE) has acquired Grouper, the fast-growing user-generated video site on the Internet, it was announced today by Michael Lynton, SPE Chairman and Chief Executive Officer. Grouper.com, which is…
Ecometry and GERS Retail Systems Combine to Form Escalate Retail Two leading retail software providers join forces to deliver customer-focused, profit-driven solutions to the industry DELRAY BEACH, FL – August 21, 2006 – Retail, E-Tail and Direct Marketing solution provider Ecometry Corporation and GERS Retail…
Raptor Networks Technology Announces Convertible Debt Financing Source: Raptor Networks Technology, Inc. SANTA ANA, CA – July 31, 2006 – Raptor Networks Technology, Inc. (OTC:BB RPTN), provider of the world’s first distributed network switching architectures, today announced completion of a $5,000,000 institutional private placement of…
CoCreate Aligns Global Presence With Global Investment Partner FORT COLLINS, CO and SINDELFINGEN, GERMANY (MARKET WIRE) – July 07, 2006 – CoCreate Software, Inc., a leading provider of 3rd Generation PLM software applications, today announced that the private equity investment arm of HBK Investments L.P.,…
Kronos(R) Announces Agreement to Acquire Unicru Combination of Workforce Management and Talent Management Solutions Provides Foundation for Broader HCM Offering and Global Growth CHELMSFORD, MA (BUSINESS WIRE) – July 13, 2006 – Kronos(R) Incorporated (Nasdaq: KRON), a leading provider of software and services that empower…
McKesson Acquires RelayHealth, Launches Personal Health Solutions Group Suite of Services Connect Patients, Providers, Care Managers and Health Plans; Enables Consumers to Manage Their Healthcare and Health Finances SAN FRANCISCO, CA (BUSINESS WIRE) – June 12, 2006 – McKesson Corporation (NYSE:MCK) today announced the acquisition…
United Online Acquires MyPoints.com From UAL Corp. Acquisition Will Expand Company’s Growing Content and Commerce Business WOODLAND HILLS, CA – April 10, 2006 – United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet and media services, announced today that it has acquired MyPoints, Inc.,…
Hansen Acquires Spear Technologies, Inc. Addition of Leading Provider of Public Transit & Rail Asset Management Solutions Extends Hansen’s Government Technology Footprint RANCHO CORDOVA, CA – April 20, 2006 – Hansen Information Technologies (Hansen®) today announced the acquisition of San Francisco-based Spear Technologies, Inc., the…
Lycos, Inc.’s Divestiture of the Quote.com Assets to IDC Corp Interactive Data to Acquire Lycos Inc.’s Quote.com Transaction Will Broaden eSignal’s Portfolio of Streaming, Real-Time Market Data Platforms for Active Traders and Create a Comprehensive Online Financial Destination BEDFORD, MA (BUSINESS WIRE) – February 1,…
Sale of MARC Global to Red Prairie Expanded Global Supply Chain Solutions Provider Offers Combined Customer Base and Industry-Leading Solutions and Deeper Functionality Across Several Key Verticals MILWAUKEE, WI – RedPrairie Corporation, a global leader in supply chain solutions that drive business process transformation, announced…
InfoSonics Corporation Announces $14.4 Million Equity Private Placement SAN DIEGO, CA, – January 30, 2006 – InfoSonics Corporation (AMEX: IFO), one of the largest distributors of wireless handsets in the United States and Latin America, today announced that it has entered into definitive purchase agreements…
Payerpath Acquired by Misys plc Web-based Electronic Processing Solutions to Complement Misys’ Existing Offerings RALEIGH, NC (BUSINESS WIRE)- February 1, 2006 – Misys Healthcare Systems, a market leader in healthcare IT, has acquired Payerpath Inc., a private company that provides Internet-based solutions for processing health…
Cast & Crew Receives a Strategic Investment from ABRY September 2006 – Cast & Crew, a payroll and talent payment service provider for the motion picture, television, and commercial industries, has received a strategic investment from ABRY. ABRY is an experience media-focused private equity investment…
SpecificMEDIA Completes $10 Million Series A Funding Led by Enterprise Partners Venture Capital Online Media and Technology Company Receives First Venture Funding IRVINE, CA (BUSINESS WIRE) – June 12, 2006 – SpecificMEDIA, an online media network and audience targeting company, today announced the close of…
Electronic Sensor Technology Completes $7 Million Private Placement NEWBURY PARK, CA (BUSINESS WIRE)- December 7, 2005 – Electronic Sensor Technology (OTCBB: ESNR), a leading provider of innovative Homeland Security solutions, announced today that it has raised gross proceeds of $7 million through the completion of…
News Corporation to Acquire Intermix Media, Inc. Acquisition Includes World’s Fastest-Growing Social Networking Portal, MySpace.com. Intermix’s Network of Sites to Join Newly Formed Fox Interactive Media LOS ANGELES, CA (BUSINESS WIRE)- July 18, 2005 – News Corporation announced today that it signed a definitive agreement…
America Online, Inc. Announces Acquisition of Xdrive, Inc. DULLES, VA (BUSINESS WIRE) – August 4, 2005 – America Online, Inc. the world’s leading interactive services company, today announced that it has acquired Xdrive, Inc., a leading provider of online storage and backup services. Financial terms…
Sale of Trymedia to Macrovision Macrovision To Acquire Trymedia Systems New Macrovision Business Unit will Focus Exclusively on Games SANTA CLARA, CA & SAN FRANCISCO, CA — July 26, 2005 – Macrovision® Corporation (Nasdaq:MVSN), a leading provider of content value management solutions, today announced it…
Symantec has acquired Brisbane software company XtreamLok for an undisclosed sum. May 16, 2005- Symantec has acquired Brisbane software company XtreamLok for an undisclosed sum. John Donovan, managing director for Symantec Australia New Zealand, described XtreamLok as a “truly innovative company”. XtreamLok develops anti-piracy and…
Digital River Acquires element 5 Acquires the Largest European E-Commerce Outsource Provider for Software Publishers Significantly Adds to Company’s Software Publisher Client Base Strengthens Position in Rapidly Growing International Markets MINNEAPOLIS, April 19, 2004– Digital River, Inc. (NASDAQ: DRIV), a global leader in e-commerce outsourcing…
MetaReward acquired by Experian Consumer Direct MetaReward, an online marketing solutions provider, was acquired by Experian Consumer Direct on December 16, 2003 for an undisclosed amount. MetaReward operates through a network of high traffic websites and portals to provide lead generation, and in addition…
eLabor acquired by ADP As of February 2003, eLabor was acquired by Automatic Data Processing (ADP) for an undisclosed amount. eLabor is a provider of integrated application solutions for labor resource planning. eLabor services mid- to large-sized companies in a variety of industries including electronics,…
E-color acquired by LightSurf Technologies E-color, a software developer specializing in solutions for color consistency and optimization for the Web, was recently acquired by LightSurf Technologies for an undisclosed amount. Previous investors include 2M Invest A/S, Axiom Venture Partners, Enterprise Partners Venture Capital, FG…
Experian Buys Consumerinfo.com Mar 19, 200– Experian will purchase Consumerinfo.com, a consumer credit report Web site, from Homestore.com for $130 million in cash. ConsumerInfo.com sells credit reports and other services to individuals. The company’s products can be purchased on a subscription basis, for $79.95 a…
VeriSign to Acquire NameEngine and 1GlobalPlace Acquisitions Strengthen Digital Brand Management Services That Enable Corporations to Expand their Global Brands Mountain View, CA, December 6, 2001 – VeriSign, Inc. (Nasdaq:VRSN), the leading provider of digital trust services, today announced it has acquired 1GlobalPlace, Inc., of…
The firm is seeking an Investment Banking Intern to assist our senior bankers on M&A and financing transactions in the Digital Media, Internet and Technology sectors. The Intern will get explosed to the entire process of complex transactions and gain superior deal execution experience and an in-depth exposure to exciting growth companies and their senior management teams.
The firm is seeking a 2nd or 3rd year Analyst to assist our senior bankers on M&A and financing transactions in the Digital Media, Internet and Technology sectors. The Analyst will play a key role in the entire process of complex transactions and gain superior deal execution experience and an in-depth exposure to exciting growth companies and their senior management teams.
The firm is seeking an Associate to assist our senior bankers on M&A and financing transactions in the Digital Media, Internet and Technology sectors. The Associate will lead the Analyst team and will play a key role in the entire process of complex transactions and gain superior deal execution experience and an in-depth exposure to exciting growth companies and their senior management teams.
Pasadena, CA – (November 10, 2010) – LeisureLink, Inc., the leading distribution and revenue management platform for specialty lodging suppliers, today announced the successful closing of a $9.0 million venture financing round. All current investors participated in the round, including Clearstone Venture Partners, Mission Ventures,…
How to Avoid Mistakes of the Past so the Industry Can Grow, Mature and Advance Many organizations were casualties of the recent economic crisis – those in digital signage included. Join this session for an overview and analysis of what happened and the lessons learned.…
Kevin Covert has hung out his own shingle. After many years and many M&A deals, Kevin knows his way around the digital media scene in Los Angeles. There’s been a lot of talk about early-stage companies finding suitors earlier in their life cycle and selling…
Building out a digital signage network takes a lot of capital — there’s no doubt about that. And for many companies, the challenge of raising enough money to get a network started is matched in difficulty only by the subsequent tasks of raising follow-on money…
Sept 1, 2009—McAfee, Inc. (NYSE: MFE) ) announced that it completed the acquisition of privately owned MX Logic, Inc. for approximately $140 million in cash, with an earn-out of up to an additional $30 million in cash if certain performance targets are met. “With this…
SAN DIEGO – (BUSINESS WIRE) – August 11, 2009 – DriveCam Inc., a global Driver Risk Management (DRM) company, announced today it has secured $19 million in Series D capital financing. Led by new investor Triangle Peak Partners, the financing includes full participation by existing…
Colchester, VT and New York, NY – August 10, 2009 – On Wednesday, August 5, 2009, Stripes Group completed a $13 million equity investment in MyWebGrocer Inc., a rapidly growing and profitable Colchester, VT-based software-as-a-service company providing leading regional and national grocery store chains and…
Philadelphia; June 25, 2009 – LLR Partners recently completed the $55 million acquisition of I-many, a leading provider of contract management software and services. With hundreds of global customers across multiple industries, I-many’s solution provides greater levels of insight into contract performance to improve profitability…
LOS ANGELES and MENLO PARK Calif., – February 25, 2009 – MarketShare Partners (MSP), the industry’s leading marketing analytics firm, today announced that private equity firm Elevation Partners has made a minority equity investment in the Company. The terms of the investment were not disclosed.…
SAN FRANCISCO, CA – Feb. 10, 2009 - Haggin Marketing, a leading multichannel direct marketing services agency, today announced that it has acquired digital marketing agency SolutionSet. Based in Palo Alto, SolutionSet was recognized last year by Inc. Magazine as the number one fastest growing company…
Atlanta, GA — January 5, 2009: Eclipsys Corporation® NASDAQ:ECLP), The Outcomes Company® today announced the completion of its acquisition of Premise Corporation, a privately held industry leader in patient flow solutions. Premise, based in Farmington, CT, is a leading provider of integrated and clinically focused…
RALEIGH, NC and SALISBURY, UK–(Marketwire – December 17, 2008) – Patersons HR and Payroll Solutions, a leading global HR and payroll software and services business delivering expert solutions to clients in more than 160 countries, today announced details of its Series A financing. The round…
November 28, 2008 – Kickapps, a provider of on-demand social media applications, closed a Series C financing round from investors, North Atlantic Capital, Prism VentureWorks, SoftBank Capital, and Spark Capital. For more information about the KickApps visit: www.kickapps.com/
Boca Raton, FL, November 14, 2008 – Campus Management Corp. announced today that it has finalized an agreement with nGenera Corporation and has acquired assets of its subsidiary, Talisma Corporation. The assets include nGenera’s Talisma CRM software, the Talisma Higher Education business division based in…
August 6, 2008 (FinancialWire): Comcast Corp. (NASDAQ: CMCSA) has acquired DailyCandy, a women’s fashion and lifestyle e-mail newsletter for an undisclosed amount. Comcast said DailyCandy, which started in 2000, runs a successful premium ad-supported e-mail business and has kept a loyal base of fashion-conscious women…
WARREN, NJ, August 22, 2008 — Virgin Mobile USA, Inc. (NYSE: VM), a leading national provider of pay-as-you-go wireless services, today announced that it has completed its acquisition of Helio, a joint venture between SK Telecom and EarthLink, Inc. (Nasdaq: ELNK) that complements Virgin Mobile…
MOUNTAIN VIEW, CA, April 30, 2008 (BUSINESS WIRE) – Meebo today announced a $25 million investment from a group of investors led by JAFCO Ventures, with participation from Time Warner Investments, KTB Ventures, and existing investors Sequoia Capital and Draper Fisher Jurvetson (DFJ). Founded in…
(Vocus/PRWEB ) April 15, 2008– Visible World, creator of the leading advanced video advertising technology platform, announced today that it has secured $25 million of C round funding. This latest round of funding is led by new investors Adams Street Partners and AllianceBernstein. Existing investors…
DUNDEE, Scotland & BOULDER, CO (BUSINESS WIRE)– Realtime Worlds, a leading independent video game developer, today announced that it has raised $50 million USD in Series B funding. Maverick Capital, the renowned investment firm founded by Lee Ainslie, led the new investment round with existing…
LOS ANGELES & MENLO PARK, CA (BUSINESS WIRE)– Mobile Messenger, a leading global provider of technology and services for mobile content management and distribution, and Silver Lake Sumeru, the middle-market technology focused investment fund within Silver Lake, announced today that Silver Lake Sumeru has acquired…
LONDON & NEW YORK, NY (BUSINESS WIRE) – WPP (NASDAQ:WPPGY) announced today that it has acquired Schematic, one of the largest independent interactive agencies in the US. Based in Los Angeles, with offices in New York, Boston, Atlanta and San Jose, Costa Rica, Schematic will…
NEW YORK, NY – September 6, 2007 (PRNewswire-FirstCall) – CBS Corporation announced today that it has entered into a definitive agreement to acquire SignStorey, Inc., a leader in the distribution of video programming and advertising content to retail stores. The purchase price is $71.5 million…
KELOWNA, BRITISH COLUMBIA, CANADA and BURBANK, CA – August 1, 2007 – As a part of its strategy for long-term growth through applying new technologies to the creation and global distribution of high-quality family entertainment, The Walt Disney Company (NYSE: DIS) has acquired Club Penguin,…
Hearst Corporation to Acquire UGO Networks Deal Signifies Hearst’s First Major Step Into Digital Entertainment NEW YORK, NY (BUSINESS WIRE) – Hearst Corporation announced today that it will acquire UGO Networks, Inc., a leading online entertainment company. The announcement was made by Victor F. Ganzi,…
LOS ANGELES, CA — March 19, 2007 – LegalZoom.com, Inc., the nation’s leading online legal document preparation service, today announced that it has secured financing from Polaris Venture Partners, a national venture capital firm with over $3 billion under management. Since 2000, LegalZoom.com has been…
WALLDORF, Germany – February 20, 2007 – Addressing C-level executive requirements for comprehensive analytic applications for performance management, SAP AG (NYSE: SAP) today announced the acquisition of Pilot Software, a privately-held company specializing in strategy management software. With this “tuck-in” acquisition, SAP is adding a…
Silicon Valley, CA– Aug 15, 2006 – Google announced today that they have brought biometric and photo recognition company Neven Vision into the Google fold. Neven Vision has patents on technology ranging from photo analysis to face recognition in video files to several patents for…
CULVER CITY, CA – August 23, 2006 (PRNewswire) – Sony Pictures Entertainment (SPE) has acquired Grouper, the fast-growing user-generated video site on the Internet, it was announced today by Michael Lynton, SPE Chairman and Chief Executive Officer. Grouper.com, which is the second largest independent video…
IRVINE, CA (BUSINESS WIRE) – June 12, 2006 – SpecificMEDIA, an online media network and audience targeting company, today announced the close of its first round of venture financing. The Series A round was led by Enterprise Partners Venture Capital and includes Shepherd Ventures. The…
NEW YORK – Oct. 13 2005 (PRNewswire)- MTV Networks, a unit of Viacom Inc. (NYSE: VIA and VIA.B), has acquired IFILM Corp., one of the leading video destinations on the Web, for $49 million. The announcement was made today by Judy McGrath, Chairman and CEO…
LOS ANGELES, CA (BUSINESS WIRE)- July 18, 2005 – News Corporation announced today that it signed a definitive agreement to acquire Intermix Media, Inc. for approximately $580 million in cash, or the equivalent of $12 per common share. In a separate transaction, Intermix announced today…
SAN JOSE and SANTA MONICA, CA – December 16, 2004 – eBay, the World’s Online Marketplace (Nasdaq: EBAY; www.ebay.com), today announced that it has agreed to acquire privately held Rent.com, a leading Internet listing website in the apartment and rental housing industry. The acquisition will…
SUNNYVALE & SAN DIEGO, CA – September 14, 2004 – Yahoo! Inc. (Nasdaq:YHOO – News), a leading global Internet company, and Musicmatch, Inc., a leading provider of personalized music software and services, today announced they have signed a definitive agreement under which Yahoo! will acquire…
MINNEAPOLIS, April 19, 2004– Digital River, Inc. (NASDAQ: DRIV), a global leader in e-commerce outsourcing , today announced that it signed a definitive agreement to acquire privately-held element 5 AG. Under the terms of the agreement, Digital River paid $120 million in cash . Digital…
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