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Latest deals...
Under Armour acquires digital sports analytics firm, Gritness
06-July-2015 | Online Sport | M&A
The sports apparel firm, Under Armour has acquired the US-based firm Gritness, a search engine that helps people find and join workouts. The acquisition enhances Under Armour`s strategy to become a leading digital player in online sports media.
For more details...
Johnston Press acquires Brighton-based free weekly newspaper
03-July-2015 | Newspapers | M&A
The UK news media group, Johnston Press has acquired a Brighton-based free weekly newspaper, the Brighton & Hove Independent. Founded by Mark Ansell, the paper was launched in 2011 and has a weekly circulation of 13,005. The title is available through a network of more than 300 distribution points across Brighton; it also has a website.
For more details...
Sweden-based Cherry acquires online gaming firm, Almor Holding
02-July-2015 | Online Gaming | M&A
The Swedish gaming firm, Cherry has acquired a 71% stake in the Malta-based company Almor Holding Limited, an online casino firm focused on German language markets. Founded in 2011, Almor`s key brands include Sunmaker, Kingplayer and Sunny Player; the firm has 355,000 registered users. Purchase consideration is in equal amounts of cash and Cherry shares.
For more details...
AAC acquires pharma content and marketing firms, Referral Solutions Group and Taj Media
02-July-2015 | Pharma Content | M&A
AAC Holdings, a provider of substance abuse treatment services has acquired the pharmaceutical content firms, Referral Solutions Group and Taj Media for USD 60 million (USD 35 million in cash and USD 25 million in stock). Founded in 2009, Referral Solutions Group is a digital publisher in the substance abuse treatment industry. Taj Media, founded in 2007, is a digital marketing firm specialising in the addiction treatment industry. The two firms generated combined revenues of USD 13 million in FY December 2014.
For more details...
UBM acquires business media and events firm, eMedia Asia
01-July-2015 | Trade events | M&A
UBM plc acquired Global Sources Ltd`s 60.1% interest in eMedia Asia Limited. Following this transaction, UBM will own 100% of eMedia Asia. eMedia Asia is the majority owner of the annual China International Optoelectronic Expo (CIOE). Optoelectronics concerns the application of electronic devices that source, detect and control light, including gamma rays, X-rays, ultraviolet and infrared. The business also owns a number of business media assets serving the Asian electronics industry.
For more details...
PayPal acquires digital money transfer provider Xoom for USD 890 million
01-July-2015 | Payments | M&A
PayPal Inc has acquired the digital money transfer provider Xoom Corp for USD 890 million. This allows PayPal to expand its offering into the growing international remittance market and expand in countries like Mexico, India and China. Xoom has 1.3 million customers and a presence in 37 countries; it allows users to transfer money via desktop, mobile phones and tablets.
For more details...
MTG acquires 74% stake in digital sports firm, Turtle Entertainment
01-July-2015 | Online Sport | M&A
The Nordic-based group, Modern Times Group (MTG) has acquired a 74% stake in the digital sports media firm, Turtle Entertainment. ESL`s online leagues and tournaments (e.g.ESL One and Intel Extreme Masters) attracted more than 70 million unique online viewers in the last 12 months; ESL`s 16,000 hours of live content are also available on Twitch. The firm generates revenues from advertising, sponsorship and broadcast media rights. The founders and management will retain a 26% stake.
For more details...
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