Daily Deal Activity 07/05/13
July 11, 2013 Leave a comment
2dehands.be and 2ememain.be, the two largest online classifieds sites in Belgium, have been acquired by eBay (NasdaqGS:EBAY). Together, the websites have 5.5 million unique visitors monthly and will become a part of the Classifieds group, which operates local sites in over 25 countries and 1,000 cities globally.
Japan-based Mutations Studio, which specializes in the planning, development, and sales of digital games, has raised $2.3 million in funding from Japan-based venture capital firm Global Brain. Mutation Studio issued common shares in the transaction.
Carambola Media, which operates an advertising platform offering new ways to monetize video for publisher and content producers, raised $1 million in funding led by Rutledge Vine Capital, with participation from several micro foundations including 2B Angels, Explore Tech Ventures, Plus Ventures, and Rutledge Vine Capital.
CommonFloor, a real estate search engine and listings site in India, has raised $7.5 million in funding from existing investors, Tiger Global Management and Accel India. CommonFloor is similar to Zillow and Trulia but is a marketplace for real estate listings in India, particularly for apartments and gated communities.
Xobni, which has developed a plug-in for Microsoft Outlook that helps users organize their inbox, has been acquired by Yahoo (NasdaqGS:YHOO), for reportedly more than $60 million. Founded in 2006, Xobni has raised a total of $42 million from investors that include First Round Capital, Khosla Ventures, RRE Ventures, Baseline Ventures, RBC Venture Partners, Relay Ventures, Cisco, and Atomico.
UK-based Ocapo, which develops and acquires leading online performance marketing and lead generation technologies, has raised £9.5 million ($14.3 million) in equity and debt funding led by Northzone Ventures, with participation from new investor BOOST&Co and Chris Hong, who will serve as the CEO of the company.
UK-based BurstNET Technologies has sold its branch providing Web hosting and Internet Solutions, to UK-based Web hosting solutions provider UKFast.Net. Terms were not disclosed.
Agency & Marketing Services
Promotion agency, bpo
Hong Kong-based Kadokawa Intercontinental, which engages in film and video distribution, cinema operations, advertising and promotion services, video games distribution, eCommerce, and character products merchandising businesses, has sold an 85 percent equity stake to investment holding company eSun Holdings (SEHK:571), which focuses on media and entertainment companies primarily in Hong Kong and Mainland China. The company was sold by Kadokawa Group Holdings (TSE:9477) at an enterprise value of $32.2 million.
Viacom International Media Networks has acquired the remaining 51 percent equity stake in Italy-based MTV Italia, which provides music-oriented programming services from Telecom Italia Media SpA (BIT:TME) for €10 million ($12.9 million). The deal gives MTV Italia an enterprise value of $25.3 million.
Technology & Communications
network infrastructure software
Davra Networks, a company developing software to manage Internet-connected devices, has closed a $2 million Series A investment and added a Cisco Systems executive to its board. Delta Partners led the round, which will go to develop Davra’s network automation and machine-to-machine communications technology.
UK-based CliniSys Solutions, a clinical laboratory information technology solutions provider, was acquired by UK-based private equity firm Montagu private Equity. The company was sold by CliniSys Solutions for an undisclosed amount.
Information & Business Services
Ambrose, a professional employer organization providing an outsourced human resources, payroll, and benefits platform tailored to the needs of small professional service and white-collar companies, was acquired by TriNet Group, which offers outsourced HR-related services.
it consulting/systems integration
Business Phones Direct, a mobile and fixed line telecommunication integration solutions company serving small and large businesses, has been acquired for an undisclosed amount by Premier Telecom. Following the purchase, Premier Telecom’s will now be known as OneCom.