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Demand Media Gets $225M Credit Facility

socalTECH

Santa Monica-based online publisher Demand Media said Tuesday afternoon that it has entered into a new, $225M credit facility, split between a $125M revolving credit facility and a $100M term loan. According to Demand Media, the new facility replaces an existing, $105M revolving credit facility. READ MORE>>.

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Amazon’s Selz Acquisition is Encouraging News for Small Businesses

Tech.Co

Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition. Selz helps small businesses create online stores, as well as letting them add payment options to existing websites. There's nothing particularly unique about what Selz does.

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Demand Media Expands Into Online Learning, Buys Creativebug

socalTECH

Santa Monica-based Demand Media said this morning it has expanded into the online learning market, and has acquired Creativebug , an online site which provides educational videos around art and carft instruction. Financial details of the acquisition were not disclosed. The firm was based in San Francisco. a month) or a la carte ($9.99

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Demand Media Acquires LEAFtv

socalTECH

Santa Monica-based Demand Media is bolstering its efforts to reach out towards millennial women, and has acquired LEAFtv. Demand Media also said it has hired Geri Hirsch and Erin Falconer, the founders of LEAFtv, and will expand the LEAFtv brand. Financial details of the deal and the exact structure of the move was not clear.

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Demand Media Sweetens Executive Pot

socalTECH

Ahead of its IPO, Santa Monica-based Demand Media , the online domain name and media publishing business run by Richard Rosenblatt, updated its IPO filings Thursday, saying that it has granted $30.8M Tags: demand media domain domainer content merger acquisition legitscript. READ MORE>>.

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Demand Media Buys Name.com

socalTECH

Santa Monica-based Demand Media announced this morning that it has acquired domain registrar Name.com. Demand Media said that Name.com will help the firm as it prepares for the released of new top level domains (TLDs) this year. Demand Media said that Name.com is known for its strog retail footprint.

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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

TechCrunch LA

Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused investment firm. “As billion through 2025 to buy and install the 330,000 public charging outlets the nation will need to meet that electric demand. “As needs to spend $4.7