News Corp Divests Online Training Company Learning Seat to Private Equity Backed Management Buyout

7th Nov 2012. Melbourne-based e-Learning company Learning Seat has been acquired by a private equity backed management buyout brokered by advisory firm Wingate Group. The transaction terms have not being disclosed. With offices in Melbourne, Sydney, Brisbane and Adelaide, Learning Seat is a Melbourne-based supplier of web-based learning programs for Australian corporations, government groups, industry […]

Digital Media Firm Hyro To Sell Operations to Czech firm KIT Digital for A$17m

24th April 2012. Hyro Limited (HYO) has announced it has entered into a Security Purchase Agreement with KIT digital Inc for the Company to sell its Main Undertaking and Operations to KIT digital for the purchase price of AUD$17.2m in cash, or 2,079,972 NASDAQ listed ordinary shares in KIT digital (at the discretion of KIT […]

M2 Telecommunications Acquires Primus Australia for A$192m 4.8*CY11 EBITDA

16th April 2012. – Primus Telecommunications Group (NYSE: PTGI), a global facilities-based integrated provider of advanced telecommunications products and services, announced today that it has entered into a definitive agreement to sell its Australian operations to ASX listed M2 Telecommunications Group (ASX: MTU) for approximately $A192.4m, or approximately $US 200m, on a debt-free basis and […]

AVOS / Acquires Aussie Links site

9th Nov 2011. AVOS, the company behind the September relaunch of the link-library site, and set up by YouTube founders Chad Hurley and Steve Chen after it was purchased by Google for $1.76 billion, has announced that it has acquired Australian links site in order to beef up the renewed service. Terms have […]

MOKO.Mobi Acquires for 10% of its shares

27th July 2011. Perth-based mobile social media company (ASX:MKB) has reached an agreement with SendMe Inc. to acquire its U.S. mobile community The acquisition is all stock with to issue Sendme Inc. with shares equivalent to 10% of the Company’s issued stock post the current rounds of placements to investors, plus 9 […]

Groupon Australia Acquires Crowdmass

9th May 2011. Stardeals, the recently formed Australian subsidiary of coupon giant Groupon, has acquired Crowdmass, a group buying site based in Melbourne, making this its first local acquisition. Terms have not been disclosed, although press speculation has put the deal at below A$1m. Groupon’s Australian CEO was described saying they paid only a “symbolic” […]

Electronic Arts Acquires Melbourne Games Firm Firemint

4th May 2011. Electronic Arts Inc. (NASDAQ:ERTS) today announced an agreement to acquire Firemint Pty Ltd., the leading independent mobile development studio. Based in Melbourne, Australia, Firemint brings a proven powerhouse of creative talent to EAi, with original hits Flight Control and Real Racing for iPhone® and iPad™, and an attractive future slate of games. […]

Mnet Group Sells Ring Back Tones Subsidiary to RealNetworks For Up To A$3.6m

2nd May 2011. Mobile solutions company Mnet Group (ASX:MNZ) has advised that it has negotiated the sale of its wholly owned subsidiary Ring Back Tones Australia Pty Ltd, newly incorporated for the purposes of the assignment of the Ring Back Tones business from m.Net Corporation Pty Ltd to RealNetworks Inc. The sale consideration is a […]

Computershare Acquires US Shareholder Services From Bank of New York Mellon for US$550m

29th April 2011. Computershare Limited, the world’s largest share registry operator (ASX:CPU) has announced that it has agreed to acquire The Bank of New York Mellon Corporation’s Shareowner Services Business for a total value of US$550m in an all cash transaction. The transaction will be funded from available cash resources and new credit lines. Two […]

HomeAway Inc. acquires Australia’s vacation rental brand of REA Group Ltd

10th April 2011. Austin, Texas-based HomeAway, Inc., the worldwide leader in online vacation rentals, has acquired, the Australian vacation rental brand of REA Group Limited. The acquisition of, which features 21,000 listings not only broadens HomeAway’s reach into the Australian market, but also marks its expansion from North America, South America and Europe […]

US based Quamtel Inc to acquire SavvyTel Communications for US$3.4m

25th March 2011. US based Quamtel Inc has signed a letter of intent to acquire Australia’s SavvyTel Communications Pty Ltd. The definitive agreement is expected to be signed in April 2011. Under the purchase agreement, QuamTel Inc. will acquire 100% of the stock of SavvyTel Communications Inc. in exchange for the issuance of 5.5 million […]

MOKO Mobi To Acquire Business from US Firm CellFish Media in A$5.5m Share Swap

13th March 2011. Limited (ASX: MKB) has reached an agreement to acquire a United States based community business from mobile publishing company, Cellfish Media LLC. Cellfish will receive 27.5 million ordinary MKB shares at 20c per share, valuing the transaction at $5.5 million. Upon completion Cellfish will hold an approximate 17% interest in MKB […]

US Coupon Firm WhaleShark Media Acquires RetailMeNot for Over US$100m

2nd Dec 2010. Austin Texas. WhaleShark Media, an online coupon “rollup play” primarily funded by Austin Ventures, has raised a US$90 million round – from Austin Ventures, Norwest Venture Partners and Adam Street Partners – and have announced that most of the round will be spent acquiring one of the largest online coupon startup on […]

India’s OnMobile acquires Dilithium Networks’ 3G video technology

5th Oct 2010. Indian-listed OnMobile Global Ltd, India’s largest telecom value-added services (VAS) player, today acquired the leading 3G video technology and mobile solutions developed over eight years by Australian and Silicon Valley-based Dilithium Networks Inc. Financial terms have not been disclosed. Dilithium pioneered mobile video, authored the global standard for 3G video telephony, and […]

ExactTarget Acquires Australian Distributor mPath Global

24th Aug 2010. Indianapolis-based ExactTarget, a global provider of on-demand email marketing and interactive marketing solutions, has announced the acquisition of its Australia distributor mPath Global and the launch ExactTarget Australia. Financial terms have not been disclosed. The new operation will directly support the global technology and services needs of ExactTarget’s multinational clients and expands […]

Seek Acquires 40% Interest In occ (Mexican Job Site) for US$40m

12th Aug 2010. SEEK Limited (ASX:SEK) has announced that it has acquired a 40% interest in Online Career Center Mexico SA de CV (OCC), the leading employment website in Mexico. SEEK will pay $US40m for its stake in OCC. SEEK will take 2 of 5 board seats and will play an active role in driving […]

Walt Disney Acquires Aussie iPhone Game Developer Tapulous

4th July 2010. Silicon valley-residents Australians Andrew Lacy and Bart Decrem have sold their apps development studio, Tapulous, to Disney for an undisclosed sum. Their flagship game, Tap Tap Revenge, is the most popular game series on the iPhone App Store, with over 35 million downloads and over a billion songs played. The games are […]

Internet Brands Acquires Aussie Coupon Site

3rd March 2010. LA, CA – Internet Brands, Inc. today announced the acquisition of Australian firm, a leading and rapidly growing online coupon website. The acquisition price has not been disclosed. Tjoos (pronounced “choose”) grew by 150 percent to well over 1 million unique visitors in February 2010 compared to the prior year. This growth was […]

Digital Media Firm Webfirm to Merge with Adslot; Values adslot at A$6m

22nd Dec 2009. Webfirm Group Limited (ASX:WFM) today executed an agreement to merge with Adslot Pty Ltd . Under the agreement, and subject to Webfirm shareholder approval, Webfirm will acquire all of the shares in Adslot for a total consideration of $6 million to be paid in the form of Webfirm shares (issued at 3.5 […]

RuleBurst Acquires US Rules Vendor Haley

14th November 2007 – Australian company RuleBurst Limited, frmerly Softwlaw, a leader in software solutions to prevent, detect and cure breaches in legislation, policy and business rules, today announced its acquisition of U.S-based Haley. The acquisition merges two global leaders of natural language business rules management software (BRMS) and extends RuleBurst’s existing position as the […]

Microsoft Acquires Australian Massive Inc for est US$400m

15th May 2006. Aussie made good. Report courtesy of Fairfax Media. Last month Mitch Davis was just another unknown Australian trying to make it in New York. The former North Sydney Boys High student and University of New South Wales graduate had ventured to the US in the late 1990s at the height of the internet […]

Advanced Media Design Acquires Aussie-borne Conferserv

23rd May 2005. Advanced Media Design, Inc., the world leader in advancing seamless AV-over-IP integration solutions, today announced its completed acquisition of Silicon Valley-based Conferserv, Inc., the industry’s most advanced on-demand archival, streaming, and web-casting solutions for video conferencing. Conferserv had its roots in Australia, supported by Australian VC Deutsche Bank (now Accede). Advanced Media Design […]

Cisco Systems to Acquire Radiata, Inc for US$295m Stock

13th Nov 2000 – Cisco Systems, Inc., today announced a definitive agreement to acquire privately held Radiata, Inc. of San Jose, California and Sydney, Australia. Radiata is a leading supplier of chipsets for high-speed wireless networks. This acquisition strengthens Cisco’s New World strategy by expanding its ability to deliver next generation wireless networks using the IEEE […]