socalTECH
FEBRUARY 27, 2015
Los Angeles-based Demand Media has sold its social media software arm, Pluck , to New York-based Sprinklr , the companies said Thursday. Pluck, which is based in Austin, was founded in 2003, and had been acquired by Demand Media in 2008 in a deal worth $56.3M. demand media pluck merger acquisition social software'
socalTECH
JULY 29, 2011
Irvine-based Specific Media has recruited an investment banker to head up its business development efforts, fresh off its acquisition of onetime social networking king MySpace. According to Specific Media, it has hired Scott Schopen , former investment banker at Piper Jaffray, as Vice President of Corporate Development at the firm.
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socalTECH
DECEMBER 15, 2010
A new report today released by PwC finds that the market for initial public offerings (IPOs) has jumped significantly in 2010, with volumes exceeding both 2008 and 2009 levels. A number of other companies have filed but have yet to reach the markets, including Peregrine Semiconductor, Demand Media, and Cornerstone OnDemand.
socalTECH
AUGUST 9, 2010
The price of two of Demand Media's acquisitions, Pluck , and The Daily Plate , have both been made public with the firm's IPO filing Friday evening. for Pluck, a developer of social media tools, and paid $5.0M Demand Acquired Pluck in March of 2008, and The Daily Plate in January of 2008. READ MORE>>.
socalTECH
JULY 7, 2009
Los Angeles-based People Media , which operates an online network of vertically focused dating sites, has been acquired by IAC's Match.com. People Media was owned by American Capital Ltd. People Media was owned by American Capital Ltd. Match.com said that People Media had $11.6M
socalTECH
JULY 29, 2010
For today's Insights and Opinions piece, we have an article from Michael Terpin of SocialRadius , who asks: Where are all the social media IPOs? Some years there is an excitement about the hot economy, more recently it's been shock and awe over the 2008-09 financial meltdown. Read the rest of Where are the Social Media IPOs?
socalTECH
FEBRUARY 5, 2019
The shutdown comes after a reorganization of the digital properties of AT&T, as well as its Otter Media subsidiary. Machinima had been acquired by Warner Bros. in 2016, in a deal then reported as worth less than $100M. READ MORE>>.
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