Remove Acquisition Remove Networking Remove Sites Remove Woodland Hills
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. READ MORE>>.

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

ReachLocal's Zorik Gordon On Daily Deals

socalTECH

Earlier this week, Woodland Hills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area?