Acquisitions Archives
Many of you have heard of Manta, the small business and B2B directory site. But my guess is that many of you still have not. The company has been around since 2005 and has become one of the largest SMB hubs online. In many ways it’s a “sleeping giant” in terms of what it could [...]
Earlier today Klout announced that it was buying Blockboard (formerly BlockChalk). Primarily a mobile app, Blockboard sought to be a neighborhood-based (dare I say “hyper-local”) social network. The acquisition price was undisclosed. I was not a BlockChalk/Blockboard user but its objective was to “connect virtual and real communities.” The functionality was a mix of Facebook [...]
Congratulations to TeachStreet for being acquired by Amazon(Local). The company announced the acquisition in a blog post: Today we are happy to announce that we’re joining the AmazonLocal team. Sadly, this means that we will be closing TeachStreet. When we opened our doors on April 21, 2008 we had grand aspirations, to create a place [...]
As previously announced (where was I?), The Berry Company has scooped up some of the assets of WebVisible, including some of its engineers. Charles Laughlin’s post discussing the acquisition was pointed out to me by several people today. According to the release that went out: The Berry Company, LLC today announced that it has acquired [...]
RedBeacon has announced that HomeDepot is acquiring it. The price was not disclosed. Late last year the company announced a new funding round of $7.4 million and launched an iPhone app, which I liked quite a bit. There’s an obvious logic on both sides here and this is echoed in the expected “everything will be [...]
MerchantCircle has redesigned and relaunched its site following last-year’s $60M acquisition by lead-gen company Reply.com. In the past most of MerchantCircle’s revenue came from display and text advertising by third parties on its site. There’s a great deal of advertising on the new site. But lead-gen has also been introduced as a central element. Some [...]
Constant Contact, which has reinvented itself as an all-purpose marketing platform/tool for SMBs, this morning announced the acquisition of mobile app CardStar: The acquisition marks the latest milestone in Constant Contact’s evolution from an email marketing company to the leading provider of online marketing tools that help small businesses create and grow customer relationships. Financial [...]
I get the daily Dealmap emails and this morning I received the following notification from Google: it is discontinuing those emails. It encouraged people to sign up for Google Offers instead. This is logical and to be expected. The Dealmap site is probably next as Google consolidates its program behind the “Google Offers” brand. Google [...]
Patch’s days appear to be numbered — at least in its current form. That doesn’t mean that Patch will go away (immediately); what it probably means is that Patch will have to consolidate “bureaus” and change the way it staffs and operates to save money. Yesterday SAI published a letter from a large, institutional shareholder [...]
Groupon this morning announced an online scheduling tool that integrates with its daily deals product: Groupon Scheduler. This was an inevitable development in the space, but Groupon has done it first. Scheduler is based on the acquisition of Canadian company OpenCal in September 2011. It’s a significant development for the daily deals segment — and the [...]