article thumbnail

Gannett Co.'s ReachLocal Arm Acquires SweetIQ Analytics

socalTECH

Woodland Hills-based ReachLocal , the digital marketing service now owned by Gannett Co. , Financial terms of the acquisition were not announced. said the acquisition will help it accelerate its product roadmap and expand the ReachLocal digital marketing suite of products. has acquired SweetIQ Analytics Corp. ,

article thumbnail

United Online Considers Strategic Alternatives, Rejects B. Riley Takeover

socalTECH

Woodland Hills-based United Online announced this morning that it has embarked an a "review of strategic alternatives", including the potential sale of the company or sales of its assets, after an unsolicited takeover offer from B. Riley Capital Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

United Online Sells Classmates For $30M

socalTECH

Woodland Hills-based United Online said this morning that it has sold its Classmates subsidiary, to Intelius Holdings , for a mere $30M in cash. According to United Online, the sale is a "great outcome" for the company, and will allow it to add additional capital to its other existing businesses.

article thumbnail

United Online Sells StayFriends

socalTECH

Woodland Hills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends.

article thumbnail

United Online Acquired By B. Riley For $170M

socalTECH

Woodland Hills-based United Online said Wednesday afternoon that it has agreed to be acquired by B. The sale of United Online came after a long and tortuous path, where United Online spun off flower delivery firm FTD , sold its Classmates unit, and its StayFriends social networking site, and battled both with B.

article thumbnail

United Online Shuffles CEO, Again

socalTECH

Woodland Hills-based United Online announced this morning that it has named Jeff Goldtsein as a new, interim CEO for the company, replacing Howard Phansteil. Goldstein was the former President of PriceGrabber, which he had led from April 2013 until its sale to Connexity last June.

article thumbnail

United Online Puts StayFriends On The Block

socalTECH

Woodland Hills-based United Online said Tuesday that it has hired an investment banker to sell its European social networking website, StayFriends. United Online also says that, as part of those efforts, it has also hired JMP Securities LLC to help it with M&A efforts, as it looks in the area of commerce and loyalty for growth.