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Internet Brands Acquisition Worth $1.1 Billion, Says Report

socalTECH

The acquisition this morning of El Segundo-based Internet Brands by KKR is worth a cool $1.1 billion, according to a report from the New York Times. The report cited two un-named, unauthorized sources. KKR and Internet Brands announced the deal this morning without any financials. READ MORE>>.

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Internet Brands Buys High Gear Media

socalTECH

Los Angeles-based Internet Brands said this morning that it has acquired automotive publisher High Gear Media. High Gear Media''s automotive publications include The Car Connection , Motor Authority , and Green Car Reports. Internet Brands was acquired itself earlier this year, by private equity firm KKR.

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Silicon Beach Report July 24: Internet Brands to Buy WebMD for $2.8 Billion

L.A. Business Journal

Internet Brands to buy WebMD for $2.8 billion, Hulu names Google veteran as marketing executive, and ‘Game of Thrones’ Snapchat lens reaches 45 million people.

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Internet Brands Revenues Grow In Q2

socalTECH

Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. According to Internet Brands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M

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Internet Brands: 5 Websites For $1.6M

socalTECH

Los Angeles-based Internet Brands reported earlier this week in its quarterly results that it spent $1.6 The five sites were up from three reported by the firm last quarter, when it spent $2.7m Tags: internet brands merger acquisition ecommerce. on a number of auto related websites. READ MORE>>.

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Internet Brands Traffic Up, Revenues Flat

socalTECH

Los Angeles-based Internet Brands reported its quarterly results Wednesday afternoon, reporting that it saw 50 million monthly unique visitors to the firm's websites in June, up 35 percent from 37 million uniques in June of last year. Tags: internet brands traffic revenues content. READ MORE>>.

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Internet Brands Sees Quarterly Boost, Buys Three Websites

socalTECH

Los Angeles-based Internet Brands announced its fourth quarter and fiscal 2008 results, reporting that--despite the recession--the firm saw an increase in its fourth quarter revenues of 8%, or $27.0M The firm also reported it had acquired GrooveJob.com, which it had previously announced back in October. versus $24.9M