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I think Twitter made a minor gaffe by announcing their Blackberry app and their acquisition of Atebits (Tweetie) before the Chirp conference. And I saw a lot of this first hand in Salesforce’s acquisition of my company, Koral, which was a content management company. But in any platform community this happens.
Photo by Vanna Phon on Unsplash Customer acquisition is the lifeblood of many startups from e-commerce to gaming to marketplace companies, among others. But if you ask anyone in the ecosystem of customer acquisition?—?founders, and you’ll hear the same thing: customer acquisition (CAC) is getting harder and more expensive.
Triller Network, the owner of the Triller social media app and several streaming businesses, announced April 14 that it had acquired live event and pay-per-view platform Fite and had reached an agreement to purchase software developer Truverse Inc., doing business as Amplify.ai.
Irvine-based semiconductor developer Broadcom has completed its acquisition of the LTE assets of Renesas Electronics Corporation , the company said this morning. Broadcom said the deal is expected to accelerate availability of a multimode, carrier-validated LTE SoC platform from Broadcom. The deal was worth $164M. READ MORE>>.
In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros.
San Diego-based nonprofit software developer Classy announced on Tuesday that it is acquiring event platform Fondi, the developer of a virtual and hybrid event platform. Financial details of the acquisition were not announced. Classy said it will relaunch Fondi as Classy Live for nonprofits. Fondi was previously owned by Lennd.
Irvine-based Greenfield Groves ,, a telehealth and wellness company, said it is acquiring a proprietary telehealth software platform developed by Healthcare Technologies LLC. Financial details of the acquisition were not announced. According to Greenfield Groves, it will use the acquisition to help accelerate its speed to market.
Carlsbad-based MaxLinear announced this morning that it ahs acquired Intel's Home Gateway Platform Division , in a deal worth $150M in cash. The company said the acquisition is expected to be accretive to its non-GAAP earnings, post close. READ MORE>>.
Not only has he become the richest man in the world again, leapfrogging a certain Mr Musk, but it has also been revealed that Amazon has quietly acquired ecommerce platform Selz. Many have seen the acquisition as an attempt to fight back against Shopify's rampant growth during the coronavirus pandemic. The Amazon/Selz Acquisition.
San Diego-based Denovo Biopharma said this morning that it has acquired the entire replicating gene therapy platform from Tocagen. Financial details of the acquisition were not announced. The acquisition is related to the merger of Tocagen with Forte Biosciences. READ MORE>>.
Carlsbad-bsed MaxLinear , which develops radio frequency, analog, and mixed signal integrated circuits, says it has received an early termination on the waiting period for its acquisition of Intel's Home Gateway Platform Division. MaxLinear announced the acquisition of Intel's division on April 6th.
Mogul Millennial — this Dallas-based company is a digital media platform for black entrepreneurs and corporate leaders. Since launching the platform in 2018, startups from the Snap accelerator have gone on to acquisition (like Stop, Breathe, and Think, which was bought by Meredith Corp.)
Financial terms of the acquisition were not announced. OpenGate Capital said the acquisition is the seventh add-on investment it has made for its platform companies in its Fund II portfolio. MultiCam is a manufacturer and distributor of Computer Numerical Code (CNC) cutting machines.
Carlsbad-based MaxLinear said this morning that it has completed its acquisition of Intel's Home Gateway Platform Division. According to MaxLinear, it has raised its revenue expections from the acquisition to $80M to $90M in the first full quarter post close, up from an earlier guidance of $60M to $70M.
According to an email from Craig, the company decided to close down the BettterWorks perk platform, and will not longer be active after next Thursday. Craig said that the shutdown came as a result of not being able to sustain a large enough market, relative ot the high cost of customer acquisition.
It reportedly paid a hefty $230 million to acquire the podcast publisher and network startup Gimlet Media, and has also acquired the podcast monetization platform Anchor for an undisclosed price. It’s the biggest podcast industry acquisition ever, and Spotify isn’t done. Spotify Acquires Gimlet Media and Anchor.
According to CampaignEQ--founded by former Beachmint execs William Belk and Dirk McGregor--its new cloud-based, web and mobile affiliate tracking platform is aimed at offering up better mobile attribution and optimization. READ MORE>>. campaigneq startup affiliate tracking mobile advertising marketing beachmint'
I read the declarations by industry analysts on Twitter that this was “proof that you can’t build a business on somebody else’s platform” and perhaps DataSift should have known better. Simply put: We never intended to build a business on one company’s platform and despite market perceptions – we never did
Los Angeles-based Centerfield , a company which provides marketing and customer acquisition to the residential services, business services, and telecommunications markets, says it has launched a new product, called Insights by Scout.
And n ow, even with the economy continuing to collapse, the company is on the prowl for new acquisitions and expects to spend tens of millions of dollars on new deals. The PlayerFM deal stands out as an example of what the company looks for in an acquisition target, said Ritter. ”
The acquisition of Venice, California-based Signal Sciences --worth $775M--by Fastly , has officially completed, Fastly said on Thursday. According to Fastly, is will combine its edge cloud platform and existing security offerings with Signal Sciences' web application and API security solutions.
“Much like how Microsoft Windows defined the operating system for personal computers decades ago, Clio has developed a software platform for law firms and their clients that is cloud-based and client-centric by design,” Newton said. In 2018, Clio made its first acquisition with its buy of Lexicata, a Los Angeles-based legal tech startup.
Facebook CEO Mark Zuckerberg said the move comes to help the company get ready for the "platforms of tomorrow." facebook acquisition merger hardware headset reality virtual oculus' The company had been founded in 2012. READ MORE>>.
Financial terms of the acquisition were not announced. GoSecure said it will use Covail's expertise in artificial intelligence (AI) to augment its platform. La Jolla-based GoSecure, a provider of managed security services, said today that it has acquired Covail, a security and risk optimization and automation company.
Google, of course, is interested in bringing these workloads to its cloud and it has made a concerted effort to bring the Hollywood studios to its Cloud Platform. That includes the launch of its Los Angeles cloud region last year, as well as its acquisition of the Zync cloud renderer back in 2014.
AvantStay — which has built a platform where it decorates and then lists properties owned by others for people to rent out for vacations or other short-term stays — has raised $160 million in a Series B round of funding. “It has always lagged hotels by a wide margin.
For ThinkNear , it looks like the whole process paid off in less than two years, after the Los Angeles company went from the TechStars accelerator just last June, to a healthy acquisition by TeleNav earlier this month for $22.5M. Congrats on the acquisition! How did the acquisition come about? It was really great.
5) Twitter’s recent $40M acquisition of TweetDeck is an interesting development. When a platform evolves, at some point the company that built the platform starts to slow down. TweetDeck is a very natural acquisition, it certainly brings talent that knows how to build Twitter applications.
Financial details of the acquisition were not announced. According to Esri, it will use the technology acquisition to add those same features to its ArcGIS platform.
Los Angeles-based, low-cost e-commerce products site Hollar is no more, and will be swallowed up by new owner Five Below , six months after the acquisition of Hollar by Five Below. Financial details of that deal were not disclosed by either of the companies. It's unclear how much of Hollar's operations remain in Los Angeles.
Email delivery services provider SendGrid is now officially part of cloud communications platform operator Twilio , Twilio said on Friday. SendGrid--which has significant operations in Anaheim, where one of its co-founders also was based--was acquired in a deal worth $3 billion. The deal had originally been announced last year.
The company is now focused on providing a platform to help streamline deals like asset sales, financings, and mergers & acquisitions, according to the company. CapLinked is headed by Eric M.
As part of the acquisition, Ptch said it will be shutting down its services on January 2nd. Ptch said it will join Yahoo''s team to help bolster Yahoo''s photo and video platforms. Ptch had been incubated out of DreamWorks. The company had been spun out of DreamWorks animation almost exactly a year ago. READ MORE>>.
The massive windfall won’t mean anything for Scopely’s strategy as the already wildly profitable business continues to grow both organically and through its acquisition strategy of major mobile gaming studios, according to co-chief executive, Walter Driver. billion, according to a person familiar with the financing. ” .
Quigo Lands Overture as Client, Rejects Their Acquisition Offer. Around 2003, Quigo was doing tens of millions of dollars in revenue with two main products: a ready-to-use, search engine marketing solution for advertisers called FeedPoint and a contextual advertising platform for publishers called AdSonar.
AOL said the deal will help to bolster its programmatic advertising platforms. convertro merger acquisition online advertising attribution jeff zwelling' Convertro had only raised around $10M in funding, from such investors as Bessemer Venture Partners and DAG Ventures. READ MORE>>.
Apple said late last week that it has expanded access to TestFlight , the app beta testing platform, letting developers invite up to 1,000 testers to beta test their iOS apps.
Los Angeles-based Vantage Media said Thursday that it is selling its Education Services Business--which sells leads to education advertisers--to Campus Explorer , as it looks to sharpen its focus on the technology behind its real time bidding (RTB) advertising platform. Financial terms of the sale were not announced. READ MORE>>.
WiseBanyon provides personal finance and investment management tools and its own technology platform, and was based in Las Vegas. Axos Financial said the acquisition would be immaterial to its finances. Financial details of the all-cash transaction were not announced.
Financial details of the acquisition were not announced. Docupace said it will use the acquisition to expand its back office platform. The company said it will integrate jaccomo's capabilities with the Docupace's automation, workflow and digital processing tools.
According to the Disney Accelerator, its first class includes Buzzstarter (programmatic content marketing); Choremonster (mobile platform to make chores fun for kids); Codarica (coding for kids); Cogo (monetizing content); Jogg (video acquisition and sharing); Sidelines (online discussions); SnowShoe (interactive plastic); Sphero (robots); Twigtale (..)
The goal of the combined entity is to provide a leading data platform. Palo Alto, CA-based Cloudera (NYSE: CLDR ) and Santa Clara, CA-based Hortonworks (NASDAQ: HDP ) said they expect the merger to close during the first quarter of 2019 if it passes an antitrust review. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.
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