Experian acquires PMP’s analytics arm Pacific Micromarketing for A$6.2m

18th Jan 2013. Global information services company Experian (LON:EXPN) has announced the acquisition of Pacific Micromarketing, the analytics arm of Australian publisher PMP for $US6.5m (A$6.17m). Pacific Micromarketing is a leading consumer data and analytics business operating in Australia and New Zealand. Founded 15 years ago it employs 27 people with offices in Melbourne, Sydney, […]

Czech/Australian Defence Gaming Firm Bohemia Interactive Simulations Secures Investment from Riverside Company

6th Jan 2013. Czech/Australian defence gaming firm Bohemia Interactive Simulations s.r.o. (BISim) has announced it has secured investment from global private equity firm the Riverside Company. Terms of the investment have not been disclosed. Based in Prague but with Australian connections, BISim is a market leading innovator, developer and provider of games for training technology […]

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 […]

STW Communications Acquires 4 Digital Marketing Companies for A$30.6m and 5*CY13 EBITDA

31st Oct 2012. Australia’s leading marketing services group, STW Communications Group Limited (ASX:SGN), has announced that it has agreed to acquire interests in four companies, comprising 75% of Markitforce, 80% of Maverick Marketing and Communications, 75% of Switched on Media and 40% of Amblique. Calendar year 2013, the acquisitions will contribute contribute $29.8m revenue and […]

SingTel / Optus Acquires Restaurant Review Website Eatability for A$6m

27th July 2012. Invoking many puns (including “swallows”), Singapore Telecommunications Limited (ASX:SGT) has announced that its Australian subsidiary Optus Mobile Pty Limited has entered into a conditional agreement to acquire 100% of the share capital of Eatability Pty Limited, a company incorporated in Australia, for an aggregate cash consideration of A$6 million. Eatability was launched […]

Ozsale Acquires Flash Sale Shopping Club BuyInvite

4th June 2012. Member-only online shopping club Ozsale.com.au has announced the acquisition of flash sale competitor buyinvite.com.au, on undisclosed terms as it prepares for the next stage of growth across South East Asia. OzSale, now the APAC Sale Group, received A$14.5m from US investment firm Insight Ventures in August 2010 and acquired Buyinvite.com.au .  Insight Venture Partners is […]

Investor Netus Announces Management Buyout of News Ltd’s 50%

25th May 2012. Australian technology investor netus has announced that management has bought their joint venture partner, NEWS Ltd out of their 50% netus shareholding. Whilst the amount has not been disclosed, newspaper reports estimate it to be A$22.5m. Moving forwards, netus will be wholly owned by the management team. In March Daniel Petre, then […]

iProperty Group Acquires vproperty in Macau for US$300k

8th May 2012. iProperty Group Ltd (ASX:IPP), owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), announced that it had agreed to acquire vproperty.com, the clear leader in the Macau for USD300Kin cash. The acquisition extends the reach of the Group in the region with the Macau based portal […]

Social Network Firm Kondoot Lodges A$10m Prospectus

29th Feb 2012. Queensland live video social network startup, Kondoot, has lodged a prospectus with the Australian Securities and Investment Commission (ASIC) for the preliminary public offering of its shares to raise A$10m “for the purposes of marketing and expansion”. Under the prospectus, there are 83,333,334 new Kondoot shares offered at $0.12 each, giving the […]

Apple buys Chomp for est. US$50m from Aussie Entrepreneurs

25th Feb 2012. Technology blog TechCrunch and Bloomberg have reported that Apple (NASDAQ:AAPL) has announced the acquisition of San Francisco-based Chomp, which helps users sort through the widening array of software applications for mobile devices, for an estimated US$50 million. Apple has confirmed the acquisition but not the price saying “we buy smaller technology companies […]

APN invests in Friendorse and sets up a JV Fund with Incubator Pollenizer

23rd Jan 2012. Diversified news and media firm APN (ASX:APN) has taken a 25% stake in Friendorse following a successful trial of the start-up. Friendorse is a neighbourhood-based community recommendations web service for local businesses. According to Smartcompany magazine, APN chief development officer Matt Crockett said APN only took a 25% stake in Friendorse because

Walmart Acquires Wollongong-based Mobile POS Receipt Startup Grabble

11th Nov 2011. Walmart Labs, the e-commerce arm of the American retail giant, has acquired Wollongong-based startup point-of-sale development company Grabble. Terms for the acquisition have not been disclosed. Grabble was started in a garage in Wollongong, Australia by Stuart Argue 29, and Anthony Marcar, 27. Since then they have gained the backing of bootstrap […]

AVOS / De.licio.us Acquires Aussie Links site Trunk.ly

9th Nov 2011. AVOS, the company behind the September relaunch of the link-library site De.licio.us, 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 Trunk.ly in order to beef up the renewed service. Terms have […]

Sydney Data Modelling Firm Kaggle Raises US$11m in High Profile Series A Finance Round

5th Nov 2011. Kaggle, a platform for predictive data modeling competitions, has raised $11 million in Series A financing led by Index Ventures and Khosla Ventures. SV Angel, Yuri Milner’s Start Fund, Stanford Management Company, which invests and manages Stanford University’s endowment and other financial assets, PayPal Founder Max Levchin; Google Chief Economist Hal Varian; […]

Starfish invests A$3m in Graphic Design Marketplace DesignCrowd

3rd Nov 2011. Sydney-based graphic design crowdsourcing marketplace DesignCrowd has received a A$3M investment from leading Australian venture capital firm Starfish Ventures. DesignCrowd.com is an online marketplace that helps businesses around the world outsource or “crowdsource” creative projects. It was founded in 2007 by Alec Lynch at the age of 23 from his “mother‟s dining […]

Media FIrm APN Acquires Catalogue Distribution Business CC Media and NZ Sports Tipping Site Jimungo

18th Aug 2011. APN News & Media Limited [ASX, NZX:APN] today announced two key digital acquisitions in Australia (digital catalogue distribution business CC Media) and New Zealand (sports tipping site Jimungo) as part of the company’s strategy of building APN’s position and capabilities in key digital markets. Terms for the acquisitions have not been disclosed. […]

MOKO.Mobi Acquires mbuzzy.com for 10% of its shares

27th July 2011. Perth-based mobile social media company MOKO.mobi (ASX:MKB) has reached an agreement with SendMe Inc. to acquire its U.S. mobile community mbuzzy.com. The acquisition is all stock with MOKO.mobi 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 […]

News Limited To Acquire Parenting Website Kidspot for est A$45m, 15*2011 EBITDA

27th June 2011. The chairman and chief executive of News Limited, John Hartigan, today announced that the company has agreed to acquire Australia and New Zealand’s leading online parenting destination Kidspot and related companies. Whilst terms for the deal were not disclosed, widespread newspaper reports put the deal at A$45m or 15*2011 EBITDA. The deal […]

iSelect To Acquire Selection Business Infochoice For A$33.5m

16th May 2011. Infochoice (ASX:ICH) has announced that Australian comparison website company iSelect has moved to acquire Infochoice, BidMyLoan and OnceLife for A$33.5m through the acquisition of its 98.4% shareholder, Once Pty Ltd, a company associated with Singapore-based property developer YanLord. The deal is at a 70 per cent premium to the Infochoice market price, […]

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” […]